NOT LISTED FOR SALE

1224 Coteau Rodaire Hwy Arnaudville, LA 70512

Saint Martin Parish Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.6 Acres

Last Sold October 23, 2020

20 Days on Market

Highlights

  • 1.6 Acre Lot
  • Wood Siding
  • No Heating
  • Level Lot

About This Home

As of October 2020

For sale is a great mobile home park perfect for a first time investor or just someone wanting to add a low maintenance park to their portfolio. The park consists of 10 mobile home lots with individual water, sewer and electricity hook-ups on approximately 1.6 acres. All utilities are paid by the tenants. Lot rents are at $175 per month. There are currently 8 occupied lots. Tenants handle grass cutting for their individual lots. Public Water (no well). Sewer is a mechanical system with routine testing.

Last Agent to Sell the Property

Jeremy Harson

NAI Latter & Blum Listed on: 09/08/2020

Co-Listed By

Clinton Shepard

NAI Latter & Blum

Last Buyer's Agent

Stefanie Kellner

NAI Latter & Blum License #0995685223

NAI Latter & Blum

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 198 x 365
  • Level Lot

Home Design

  • Mobile Home Park
  • Wood Siding

Schools

  • Arnaudville Middle School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tenant pays for broadband/internet access, cable/sat TV, electricity, gas, sewer, trash collection, water
  • The owner pays for electricity

Community Details

Overview

  • 10 Units

Building Details

  • Insurance Expense $650
  • New Taxes Expense $130
  • Operating Expense $2,100
  • Gross Income $16,800
  • Net Operating Income $14,700

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Mobile Home Park
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.6
  • Lot Size: 198 x 365
  • CapRate: 0.091304
  • Co List Office Mls Id: l001162
  • Co List Office Phone: 337-233-9541
  • Subdivision Name: None
  • Directions: Traveling south on Main St. in Arnaudville, take a left onto Fuselier Rd. Continue on Fuselier Rd (truns into Coteau Rodaire Hwy) for approximately 1.3 miles, mobile home park will be on your right.
  • New Construction: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Appliances: None
  • Owner Pays: Electricity

Exterior Features

  • Lot Features: Level
  • Construction Type: Other, Wood Siding
  • Foundation Details: Other
  • Property Condition: 21 - 30 Years

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Mechanical Sewer
  • Water Source: Public

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Arnaudville

Lot Info

  • Lot Size Sq Ft: 69696
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Broadband/Internet Access, Cable/Sat TV, Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 16800
  • Insurance Expense: 650
  • Property Net Operating Income: 14700
  • Annual Operating Expense: 2100

Tax Info

  • New Taxes Expense: 130
  • Tax Lot: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold -- -- --
09/30/2020 09/30/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $160,000 +72.0% --
07/13/2017 07/13/17 Sold -- -- --
07/02/2017 07/02/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $93,000 -- --
Source: REALTOR® Association of Acadiana

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeremy Harson

    NAI Latter & Blum

  • C

    Seller Co-Listing Agent in 2020

    Clinton Shepard

    NAI Latter & Blum

  • Stefanie Kellner

    Buyer's Agent in 2020

    Stefanie Kellner

    NAI Latter & Blum

    (337) 216-0240

    1 in this area

    78 Total Sales

    Stefanie Kellner
    Section Image

  • D

    Seller's Agent in 2017

    David Fernandez

    Keller Williams Realty Acadiana

  • L

    Buyer's Agent in 2017

    Linda Taylor

    Century 21 DCG/Aguillard-Opel

See All Agents

Map

Source: REALTOR® Association of Acadiana

MLS Number: 20008065

REALTOR® Association of Acadiana
Louisiana St Martin Parish Arnaudville 70512 Saint Martin Parish

1224 Coteau Rodaire Hwy, Arnaudville, LA

This home is located at 1224 Coteau Rodaire Hwy, Arnaudville, LA 70512 since 08 September 2020. 1224 Coteau Rodaire Hwy is a home located in St. Martin Parish.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Acadiana The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR® Association of Acadiana’ MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate.

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