8863 Folly Brown Rd, Clinton, LA 70722

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List Price
$220,000
Status
ACTIVE
Days on Market
16
MLS#
2026018508
Subtype
Multifamily
Lot Size
251,341
Acres
5.77
Subdivision
Not a Subdivision
Neighborhood
EFL MLS Area 93
MLS Area Major
EFL MLS Area 93

Property Description

Rare investment opportunity featuring four occupied rental units on approximately 5.7 acres in Clinton, Louisiana. The properties are located at 8949, 8935, 8921, and 8863 Folly Brown Rd and are being offered together as a package. Each manufactured home sits on its own individual lot, ranging from approximately 1.31 to 1.61 acres, with all four lots adjoining. Each property has separate utilities, including DEMCO electric, city water, and individual sewer treatment systems, with utilities paid by the tenants. The portfolio is currently fully occupied and producing approximately $39,000 in annual rental income. Each unit also has a metal roof, helping reduce long-term exterior maintenance. Properties are being sold as a bundle. Please do not disturb tenants. Drive-by viewing only. Interior showings will be scheduled only after an acceptable offer has been negotiated. Contact the listing agent for current rents, cap rate information, maintenance records, and additional details needed to evaluate the investment opportunity.

Additional Information

Appliances
Electric Cooktop, Range
Heating
Electric
Air Conditioning
Central Air, Window/Wall
Foundation
Other, Pillar/Post/Pier
School District
East Feliciana Parish

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Calculator source: Real Geeks

Listing courtesy of eXp Realty.

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