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420 Pargoud Dr, Monroe, LA, 71202

--beds
--baths
--sqft
$490,000
--price/sqft
$3,858/moest. monthly cost
$154,320/yrincome needed

About This Home

Investment Opportunity: 8 ~Home Rental Portfolio in Monroe and West Monroe, Louisiana Discover an exceptional opportunity to acquire a package of 7 single~family homes strategically located in Monroe and West Monroe. This portfolio is a rare find, offering a balanced mix of stable, long~term rental income and potential for value appreciation. Highlights: • Turnkey Income Stream: Most properties are rented to long~term tenants, providing consistent cash flow. • Prime Locations: Homes are situated in desirable neighborhoods across Monroe and West Monroe, appealing to tenants seeking convenience and quality of life. • Diverse Property Mix: Each property offers unique layouts, catering to a variety of tenant needs. • Growth Potential: Opportunities to increase rents or renovate for higher returns. • Strong Market: Monroe and West Monroe boast a robust rental market, supported by local industries, universities, and a growing population. This portfolio is ideal for investors seeking a scalable entry into real estate or those looking to expand an existing rental business. Don’t miss this chance to secure a high~performing asset in one of Louisiana’s most stable markets. Call today for financial details and to schedule a private consultation...

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

2/10
2/10
Carroll High SchoolGrades 9-123.2 mi

Construction

Materials

  • Foundation: Other
  • Roof: Other
  • Construction materials: Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Single Family Residence,Multi Family

Interior

Appliances

  • Appliances included: Other,Electric Water Heater
  • Laundry features: In Unit

Features

  • Other
  • Fireplace features: None

Heating & Cooling

  • Heating features: Other
  • Cooling features: Central Air,Gas,Electric

Property

Details

  • Parcel number: Multiple

Features

  • Patio & porch: None