New Llano, LA, USA
Colony Trace Apartments offers the multifamily investor an opportunity to acquire a newly-renovated asset located in a limited supply submarket with a higher than average rental base. Additionally, this asset is currently undergoing a renovation with high-end finishes and will be corporate units fully furnished. A rate increase of 20% or more is easily feasible. The new owner will benefit from a community amenity upgrade campaign while adding value and increasing revenue opportunity. Occupancy currently sits at 25% due to 12 out of 16 units under renovation. Four renovated units are rented.
|Date added: 08/25/22||Post Updated: 2022-08-26 17:04:47||MLS #: 55-2||Year built: 1993|
|Status: Active||Area: New Llano||Total Rooms: 2||Stories: 2.0|
|Lot Size: .105 Acre||Parish: Vernon||Warranty/As Is claus: AsIs W/O Warranties|
View on map / Neighborhood
- Directions: Located off of Hwy 171 North, about a 1/2 mile on Stanton St. and left onto 3rd St.
This style property is located in New Llano is currently Commercial and has been listed on EXIT Real Estate Consultants. This property is listed at $ 1,150,000.00. It has bedrooms, bathrooms, and is . The property was built in 1993 year.