25573 La Highway 16 Unit 1-4 Denham Springs, LA 70726

4 Townhomes all under one roof. 4- 2 story units all with the same floor plan. All units are 2 bed room 1.5 baths. Downstairs you will find the living room, kitchen, formal dining room, half bath and laundry. Upstairs holds the master bedroom, guest bedroom, full bath and storage closest. Both bedrooms have huge walk in closets and the shared bath is nice and spacious. Each unit has a private fenced courtyard. There is a one car attached garage on the back on the property that the landlord currently uses for personal storage. Townhomes sit on almost half an acre with ample frontage on Hwy 16. There is room to build 6 more identical units. Lamar advertising has also proposed installing a billboard which would pay owner additional money. The townhomes are close to the new Wal-Mart neighborhood market and other shopping, dining and fuel. All units were updated in 2016. Currently no maintenance is needed. All units are individually metered for electricity but owner pays water/ sewer to the City of DS. Currently all 4 units are rented and have had the same tenants since 2017! Property is currently professionally managed and collects the following rents: 2 units earn $775 per month and 2 units earn $750 per month for a total of $3050 per month or $36600 annually. The expenses paid by owner are as follows: $1654 Taxes, $2400 insurance, $150 per quarter trash, $150 monthly water.