150 Highway 135, Rayville, LA 71269

Prime investment opportunity in Rayville, LA just 11 miles from the new Meta Data Center in Holly Ridge, LA. Property includes an existing 8-unit apartment complex ( 4 units are 3 bed, 1 bath / 4 units are 2 bed, 1 bath) and a new 25-unit manufactured home park under development on 7 acres. Construction of the manufactured housing park is estimated to be completed by the end of summer 2025. The property will feature 33 total units. Estimated rental income breaks down as following: manufactured homes = $2,500/mo; 3 bedroom apartments = $1,800/mo; 2 bedroom apartments = $1,400/mo. The 8 apartments have recently been updated and have a 100% occupancy rate at the moment. With increasing demand for housing in Richland Parish, this is a prime opportunity for either an investor looking for long term returns or for a construction firm looking to purchase bulk housing for the their employees for the duration of the job at Meta. Please reach out directly to a licensed Realtor to inquire further. Please do not disturb current tenants. Don’t miss out—Contact your agent of choice for additional details!