3060 Winnsboro Road

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3060 Winnsboro Road

Monroe, LA 71202
Asking Price
$1.80M
Cap Rate
4.16%
Asset Type
Mobile-home-park
Class
Class B

What's Special

<ul><li>​<span style="color: rgba(0,0,0,var(--O42jJQ,1))">Significant Infill Opportunity: 22 vacant park-owned homes and 11 vacant lots remain unfilled, with the park currently operating at just 40% economic occupancy. A new owner steps in with homes in place and executes on lease-up.</span></li></ul><p></p><ul><li>​<span style="color: rgba(0,0,0,var(--O42jJQ,1))">Seller Financing Available: $900,000 down at 3.25% interest-only for 4 years, 30-year amortization.</span></li></ul><p></p><ul><li>​<

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

Location & Travel Times