22085 Louisiana 157 is amulti-family property for lease in Springhill, LA.
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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