303 Woodale Dr - Apartments FOR SALE


Monroe, LA 71203
$265,000 USD
318-362-0007
303 Woodale Dr, Monroe, LA for Sale
$265,000 USD
Apartments - FOR SALE
1/6
null | 8.31% Cap Rate

303 Woodale Dr
Monroe, LA 71203


OVERVIEW

Welcome to 303 Woodale Dr in Monroe, a fourplex investment opportunity offering four 2-bedroom, 2-bath units with ~1,035 heated square feet per unit. This professionally managed porperty is situated on approximately 0.24 acres, this income-producing property features consistent rental performance with current monthly rents ranging from $805 to $850 across all units. Reported gross income is $38,412 with a net income of $22,032. Each unit offers a functional layout with a comfortable living area, kitchen, two bedrooms, and two full bathrooms, providing an attractive floor plan for tenants. Exterior features include on-site parking and manageable grounds for ease of ownership. Showings available after an accepted offer. This Monroe fourplex presents a solid investment with steady income and strong rental demand.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$64 USD /SF

# OF UNITS

4

PRICE/UNIT

$66,250

CAP RATE

8.31%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

18709

ASK ABOUT THIS PROPERTY

Chelsea RossColdwell Banker Group One RealtyMore Info
318-362-0007

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Chelsea RossColdwell Banker Group One RealtyMore Info
318-362-0007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.