906 Julia St New Iberia, LA 70560
About This Home
As of March 2020Investor special! This trailer park offers a 14.9% capitalization rate. There are 14 available lots to be rented and 13 of 14 have very long term tenants in them. The 14th lot has a trailer that is owned by the seller and is included in the property. This could be rented at a higher than ''lot only'' rate, sold, moved, etc. The seller owns the deed to this trailer and it is part of the sale. Easy cash flow for the right investor. No new trailer permits are allowed in the City of New Iberia, but this one is grandfathered in.
Last Agent to Sell the Property
Sean Hettich
District South Real Estate Co. License #0995698219
Last Buyer's Agent
Rhonda Hamic
Latter & Blum
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $491
Home Design
- Mobile Home Park
- Siding
Parking
- 14 Parking Spaces
- Assigned Parking
Schools
- Johnston-Hopkins Elementary School
- Anderson Middle School
- Westgate High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Tenant pays for broadband/internet access, cable/sat TV, electricity, gas, sewer, trash collection, water
Community Details
Overview
- 14 Units
Building Details
- Maintenance Expense $250
- Other Expense $145
- New Taxes Expense $480
- Operating Expense $875
- Gross Income $23,280
- Net Operating Income $22,405
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $290,000 | Attorney Only |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2020 03/12/20 | Sold | -- | -- | -- |
| 02/04/2020 02/04/20 | Pending | -- | -- | -- |
| 12/11/2019 12/11/19 | For Sale | $360,000 | +140.0% | -- |
| 07/23/2018 07/23/18 | Sold | -- | -- | -- |
| 06/18/2018 06/18/18 | Pending | -- | -- | -- |
| 06/17/2018 06/17/18 | For Sale | $150,000 | -- | -- |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $491 | $5,566 | $5,566 | $0 |
| 2023 | $506 | $5,566 | $5,566 | $0 |
| 2022 | $371 | $5,566 | $5,566 | $0 |
| 2021 | $372 | $5,566 | $5,566 | $0 |
| 2020 | $372 | $5,566 | $0 | $0 |
| 2017 | $356 | $5,566 | $4,266 | $1,300 |
| 2016 | $347 | $5,566 | $5,566 | $0 |
| 2014 | $502 | $5,856 | $5,856 | $0 |
Source: REALTOR® Association of Acadiana
MLS Number: 18006089
APN: 0504757500
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.
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.
- 1009 Providence St
- 719 Julia St
- 826 Henshaw Dr
- 117 Ambassador W Lemelle Dr
- 627 Weeks St
- 617 Julia St
- 1000 Bank Ave
- 1001 Bank Ave
- 509 Harriet St
- Tbd Segura Rd
- 506 Julia St
- 1214 Julia St
- 804 Jefferson St
- 1302 Walton St
- 614 Compton St
- Tbd Sydney St
- Tbd Sydney St Unit Lot 9
- Tbd Sydney St Unit Lot 10
- Tbd Sydney St Unit Lot 11
- 1353 Weeks St