204 Heard St, West Monroe, LA 71292

$399,000

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List Price
$399,000
Status
ACTIVE
MLS#
215448

Property Description

Investment Opportunity: 9-Home Rental Portfolio in Monroe & West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 9 single-family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long-term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long-term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high-performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation.

Additional Information

Area
Multi-Areas - See Remarks
Subdivision
Other
Interior Features
Other
Heating
Other
Cooling
Central Air, Electric
Roof
Other
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Parishwide Partners.