1110 Mccormick St Vinton, LA 70668
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 1110 Mccormick St
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional investment opportunity presents a charming 1-bedroom, 1-bathroom mobile home situated on an expanded lot in Vinton, Louisiana. Built in 2011, this 640-square-foot property (measurements are more or less) offers comfortable living space and is currently leased for $850 per month under a one-year lease. The tenant, with no plans to relocate, provides consistent rental income. Utility costs are the responsibility of the tenant. A significant advantage is the inclusion of the adjacent vacant lot, significantly increasing the overall property size. This lot previously held a mobile home which was demolished due to hurricane damage. The property is conveniently located at 1110 McCormick Street, Vinton, LA 70668, and importantly, is not situated in a flood zone, offering added security and peace of mind for the investor. This special purpose property, classified as both industrial and commercial, presents a compelling opportunity for a strong return on investment. The asking price is $65,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vinton
- County
- Calcasieu Parish
- State
- Louisiana
- Longitude
- -93.5712
- Latitude
- 30.1943
