23774 Joe May Rd Denham Springs, LA $ 600,000
23774 Joe May Rd
$ 600,000
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23774 Joe May Rd

Denham Springs, LA, 70726
$ 600,000
Bedrooms15 Baths10.0

Monthly Estimate*

$ 3,988

23774 Joe May Rd, Denham Springs, LA 70726 - Image 1
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23774 Joe May Rd, Denham Springs, LA 70726 - Image 8
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Multi-Family Home for sale in Denham Springs, LA

for $600,000 with 15 bedrooms and 10 full baths. The lot size is 2.2.

Turn-Key Investment Opportunity**: Experience the stability and eye-watering cash flow of this meticulously planned, 5-unit manufactured home park on 2.5 acres of prime land, located on highly desirable Joe May Road. Each of the 5 units feature concrete slabs and steps, individually subdivided lots with individually metered utilities, and individual metal storage buildings for added tenant convenience and owner income. The homes were purchased new in 2018 are very well-maintained, with all utilities currently paid by the owner. The park-like grounds are meticulously maintained, providing a lush and peaceful atmosphere. This investment opportunity generates strong ROI and is equipped to provides a stable source of income for years to come. Addresses are 23774, 23780, 23786, 23792, and 23798 Joe May Rd. The property is well-planned and located in Flood Zone X, eliminating the need for flood insurance. Conveniently located just minutes from Juban Crossing and I-12, it's an ideal investment for anyone looking to capitalize on this growing and attractive market.

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Multi-Family Active

Price

$ 600,000

Bedrooms

15

Full Bath

10

Property Type

Multi-Family

Taxes

$ 0

Style

Mobile Home Park

Lot Size

2.2

Town/City

Denham Springs

County/Region

Livingston

MLS | Web ID

2024009001

Features
General
Heating Electric Heat
HOA NONE
Subdivision Rural Tract (No Subd) LA
County LIVINGSTON
Class Multi-Family
Type Mobile Home Park
Status Active
Primary City Denham Springs
Directions Take I-12 Take the Walker exit Hwy 447 South turn Right approx 2.5 miles turn Right onto Joe May Rd. home will be approximately 1.8 miles on Left
City Denham Springs
School District Livingston Parish
Street Name JOE MAY RD
Financing Cash Fin Conventional Fin
Legal Description Tract F-1 Cont 0.441 Acres Sec 26-7-3 -Tract F-2 Cont 0.440 Acres Sec 26-7-3 -Tract F-3 Cont 0.440 Acres Sec 26-7-3 -Tract F-4 Cont 0.440 Acres Sec 26-7-3 -Tract F-5 Cont 0.440 Acres Sec 26-7-3
Special Sales Type As Is
Total Sq Ft 0
Postal Code 70726
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Exterior
Foundation Other Found
Lot F (1 2 3 4 5)
Lot Size Area 2.2
Lot Dimensions 160X600
Water/Sewer Individual Sewer Individual Water/Well Public Sewer Public Water
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Interior
Total Number of Units 5
Kitchen Features Range/Oven
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* Excluded Features
List By
Brandon Baird

Listing Agent

Keyfinders Team Realty

Broker

brandonbaird4@gmail.com

Email

Affordability Calculator

$3,988
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,988
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1105800 Elementary School
1105857 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$600,000 Listed Price

Map


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23774 Joe May Rd, Denham Springs, LA, 70726 is a Multi-Family Home for sale at $600,000 with a lot size of 2.2. 23774 Joe May Rd has 15 bedrooms and 10.0 baths. The property's zip code is 70726 which is in Denham Springs, LA