1103 WARREN DRIVE West Monroe, LA 71291

INVESTMENT OPPORTUNITY!! If you???re looking for long-term residential income, this 30-unit trailer park is what you???ve been looking for in West Monroe!! Sixteen of the lots are occupied with seller-owned mobile homes, 12 lots are leased to tenant-owned homes, while two lots are being used by the seller as a beauty shop and RV site. There???s also a 4 bedroom, 2 bath home on the property, as well as a functioning beauty shop that could also be used as an office. Gross annual income is $159,300. Situated on 3.1 acres, the property features a gravel driveway, three storage buildings and a variety of seller-owned homes ranging from 3BR/2BA, 2BR/2BA to 2BR/1BA.There is also an attached 2.57 acre cleared lot that allows for expansion. Owner pays for water/sewage/trash ($1,300/mo.), while each lot has an individual electric meter. Maintenance costs vary per year depending upon renovations and appliance/HVAC replacement. There is currently three lots not collecting income that are being used by the seller, while all other lots/homes with the exception of one currently being renovated are leased. All seller-owned homes can be shown with an accepted contract. Seller does not want to unnecessarily disturb the tenants..

• General Features
  • County Or Parish OUACHITA
  • Mlsarea Major 161 WM City Central / Kiroli Par
  • Property Sub Type Trailer Park
  • Subdivision Name OTHER
• Building Features
  • Appliances Other, Electric Water Heater
  • Electric Separate Meters,Electric Company: Entergy
  • Cooling Y/N true
  • Cooling Central Air
  • Construction Materials Other
  • Fireplaces Total 0
  • Fireplace Y/N false
  • Gas Other
  • Foundation Details Other
  • Laundry Features None
  • Interior Features Other
  • Heating Y/N true
  • Heating Central
  • Number Of Units Total 30
  • Parking Features Gravel
  • Pool Private Y/N false
  • Patio And Porch Features None
  • Sewer Public Sewer
  • Roof Other
• Property Features
  • Other Structures Outbuilding,Storage
  • Open Parking Y/N true
• Schools
  • Elementary School HIGHLAND O
  • High School W MONROE O