$99,900
3,936 sq. ft.
33.009120941 -93.487258911
$99,900
Est. Monthly $508 recalculate
3,936 sf
 

22085 Highway 157
Springhill, LA 71075

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Multi-Family (2-4 Units) - Great income property in close proximity to Bodcau Wildlife Management area. The cap rate at the current asking price is an incredible 15.5% but can be much higher. There are currently 3 mobile homes on the property with room for an additional 2 which would drastically increase the ROI and cap rate. There are also 6 R/V spots which rent for $350/mo or $20/day and tend to rent out during hunting season. Total of 1.36 acres with 90' of road frontage!
MLS # N179748
Listed By CENTURY 21 Elite

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Team Lytle
Team Lytle CENTURY 21 Elite
4012 Benton Road, Suite 110
Bossier City, LA 71111
318.­286.5511
318.­286.5511
CENTURY 21 Elite
4012 Benton Road, Suite 110 Bossier City, LA 71111
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Property Features

  • Style: Other Style

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $508Your estimated monthly payment
    $19,98020% Down Payment
    $99,900 $89,910
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    BROWN UPPER ELEMENTARY SCHOOL
    Grades 3-5 | Public School

    SPRINGHILL, LA 71075
    804 4TH ST SW
    318-539-2818
    1.6
    miles

    Total Students 257
    Student Teacher Ratio 13:1
    View School Details
    High School
    NORTH WEBSTER HIGH SCHOOL
    Grades 9-12 | Public School

    SPRINGHILL, LA 71075
    101 S ARKANSAS ST
    318-539-2563
    1.2
    miles

    Total Students 590
    Student Teacher Ratio 15:1
    View School Details
    School Attendance
    We don't have all attendance zone information for this listing.
    Explore area schools below or for more information

    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Browning Elementary School 1.2 mi Public PRESCHOOL-2

    Local Area Information for Springhill, LA 71075

    Median Age: 40.7
    Married: 31.2%
    Number of Households: 2,721
    Households with Children: 659
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.