22085 Louisiana 157, Springhill, LA 71075

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Adam L.

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Suite Space Type Pricing Size
--- Multi-Family Space For sale: Contact for Pricing 59,241 sqft

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Building Details:

22085 Louisiana 157 is amulti-family property for lease in Springhill, LA. The property currently has 1 multi-family space for lease and is marketed by Century 21 Elite Bossier.

Great income property in close proximity to Bodcau Wildlife Management area. The cap rate at the current asking price is 14.7% but can be much higher. There are currently 3 mobile homes on the property with room for an additional 3 which would drastically increase the ROI. There are also 6 R/V spots which rent for $350/mo or $20/day and tend to rent out during hunting season. The income from the R/V spots has been included in the cap rate calculation. Total of 1.36 acres with 90' of road frontage!

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