New Llano, LA, USA
$ 1,150,000.00
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.
Basic Facts
| 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.
Property Features
Electric Service:
BECI
Waterfront:
No
Miscellaneous
Legal:
0.105 Acre of Lot 1, Blk, 3, NENW, T2NR9W, Sec 34, Vernon Parish LA
Taxes:
$ 300.00
Possession:
Negotiable at Closing
Courtesy of
ListingOfficeName:
Landmark Realty Group, LLC
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.