5Units Joe Gayle Rd Livingston, LA 70754
- Mixed-use properties
- 2.91 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 0 5Units Joe Gayle Rd
- Lot size
- 2.91 lot acres
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity presents a five-unit mixed-use property situated on a substantial 2.91-acre lot in Livingston, Louisiana, at 5 Units Joe Gayle Rd, zip code 70754. The property comprises four single-wide units and one remodeled double-wide unit, each situated on its own subdivided tract. This convenient arrangement offers significant management efficiencies. The current monthly rental income totals $5,250. The double-wide unit has undergone recent remodeling, enhancing its appeal and rental value. This property presents a compelling investment opportunity due to its existing rental income stream and potential for expansion. A survey and parish approval could allow for the division of additional lots, further increasing the property's value and income potential. An additional lot is also available at the corner of Lobell and Joe Gayle Roads, boasting over 200 feet of road frontage, presenting further development possibilities. The property is being sold as-is. Please note that tenants should not be disturbed. This is a rare opportunity to acquire a well-performing rental property with significant upside potential in a desirable location. The property's size and layout offer flexibility for future development or expansion. Serious inquiries only.
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
- Livingston
- County
- 22063
- State
- Louisiana
- Longitude
- -90.6891
- Latitude
- 30.4305
