Sold
Last List Price
17 beds5,840 sqft
8524 Lockhart Rd, Denham Springs, LA 70726
Multi FamilyProperty Type
1.23 acresLot Size
$86/sq ftPrice per sq ft

Description

Great investment opportunity with 7 manufactured homes that have been well-maintained on approximately 350x153 tract of land. The location is convenient to Range Rd and Magnolia Bridge Road. There are 6 consisting of 3 bedrooms, 2-bath, and 1 consisting of 2-bedroom, 1-bath. Unit 7 is 840 sq. ft. and $900 a month in rent. Each has an 8'x10' covered porch and designated parking. The property side and rear perimeter have a 6' privacy fence. Water and Sewer are public and tenant is responsible for their...Great investment opportunity with 7 manufactured homes that have been well-maintained on approximately 350x153 tract of land. The location is convenient to Range Rd and Magnolia Bridge Road. There are 6 consisting of 3 bedrooms, 2-bath, and 1 consisting of 2-bedroom, 1-bath. Unit 7 is 840 sq. ft. and $900 a month in rent. Each has an 8'x10' covered porch and designated parking. The property side and rear perimeter have a 6' privacy fence. Water and Sewer are public and tenant is responsible for their own utilities. Six residents are currently leased with one available for lease. The current gross rent for 6 leased residents is $5,400 per month. Potential Gross rent of $6,275 per month or $75,300 per year before expenses. Investor return estimate can be provided. All appliances to remain. Don't miss your opportunity to own this incredible investment opportunity.
  • Listed by: Tom T Bhramayana 225.664.1911 ptbproperties@hotmail.com • Keller Williams Realty Premier Partners
Listing closed: 12/30/2024 12:00 AM • Source: ROAM MLS, MLS#: BR2024020431

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Recent comparable sales

Median sold price

$500,000

Avg days on market

95

Sale-to-list ratio

94.0%

Denham Springs, LA

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Location

Listing Courtesy of Keller Williams Realty Premier Partners

Sold By Mandy Benton Realty Group LLC

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$3,069 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,669

Property Taxes

$400

HOA Dues

$0

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Property Information for 8524 Lockhart Road

Property Details
  • Taxes: $4,800 / year
  • MLS Type: MULTI FAMILY FOR SALE / Townhouse
  • Subdivision Name: Magnolia Estates
Building Information
  • Stories: 1
  • Residences: 6
  • Lot Size: 1.23 AC / 53,578 SF
Summary
Location and General Information
  • Directions: From I-12 Exit at Denham Springs. Go north towards Watson on S Range. proceed 5 miles to 4 way light at Lockhart. Take right. Go 1 mile. properties on the right
  • Latitude: 30.52
  • Longitude: -90.95
  • MLS Area Minor: LIVINGSTON
  • In City Limits: No
  • Local Area: LIV MLS Area 81
Parking
  • Parking Features: Assigned
  • Parking Total: 14.00
School Information
  • School District: Livingston Parish
  • High School: Livingston Parish
  • Elementary School: Livingston Parish
  • Middle School: Livingston Parish
Taxes and HOA
  • Association: No
  • Tax Legal Description: LOT 121, 122, 123, 124, 125, 126, 127, MAGNOLIA EST Livingston Parish
  • Tax Lot: 126
  • Tax Annual Amount: $4,800.00
Property
Lot Information
  • Building Area Total: 5840.0
  • Living Area Source: Measured
  • Lot Features: Level
  • Lot Size Acres: 1.23
  • Lot Size Dimensions: 350x153
Property and Assessments
  • Parcel Number: 0576447
  • Property Type: MULTI FAMILY FOR SALE
  • Mineral Rights: Conveyed
  • Apx Age: 06-10 Years
  • Spec List Type Disclosure: Sellers elect to sell property with full waiver of warranty & Redhibition rights at Act of Sale per LAC.C. art. 2520 and LAC.C. art. 2541. Please have the buyer check the appropriate section on P.A. entitled Waiver of Warranty.
  • Overall Condition: Average
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Individual Meters: 1
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, Vinyl Siding
  • Fencing: Privacy, Wood
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Porch
  • Roof: Architec. Shingle, Asphalt
  • Stories: 1
  • Number Of Buildings: 7
Interior Features
  • Appliances: Electric Cooktop, Dishwasher
  • Bathrooms Full: 12
  • Bathrooms Partial: 0
  • Bedrooms Total: 17
  • Cooling: Central Air
  • Heating: Central
  • Bathrooms Total Integer: 12
  • Hash Tag Heat Units: 7
  • Hash Tag AC Units: 7
Multi Family
Multi Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $6,300.00
  • Insurance Expense: $10,500.00
  • Manager Expense: $7,560.00
Rental
Rent Information
  • Tenant Pays: Broadband/Internet, Cable TV, Electricity, Sewer, Trash Collection, Water
  • Total Actual Rent: 5375

Property History for 8524 Lockhart Road

DateEvent & SourcePriceAppreciation
Dec 30, 2024

Sold

ROAM MLS #BR2024020431

—
Nov 7, 2024

Contract Signed

ROAM MLS #BR2024020431

—
Nov 6, 2024

Listed (Active)

ROAM MLS #BR2024020431

$499,900—
DateEvent & SourcePrice
12/30/2024

Sold

ROAM MLS #BR2024020431

—
11/07/2024

Contract Signed

ROAM MLS #BR2024020431

—
11/06/2024

Listed (Active)

ROAM MLS #BR2024020431

$499,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 8524 Lockhart Road

Taxable ValueLand$250Additions$1,176Total$1,426
Tax Record2025$179 ($15 / month)
Home Facts
StyleMobile / Manufactured HomeCountyLIVINGSTONAPN0576447

Schools near 8524 Lockhart Road

This home is within Livingston Parish School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Northside Elementary School
PublicPK to 5

Denham Springs Junior High School
Public6 to 8

Denham Springs High School
Public9 to 12

Live Oak Middle School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Premier Partners

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ROAM MLS, Gulf Coast Association of REALTORS, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS Logos. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ROAM MLS, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Association of REALTORS.Listing information Copyright© 2026 MLS of ROAM, Gulf Coast, REALTOR Association of Acadiana and South West Louisiana Multiple Listing Service, Inc. All Rights Reserved.