866 Mouton Rd

5 Income Producing Properties and 16+ ACRES! What could you do with 16+ acres and multiple income streams? Imagine multiple income streams already in place, acreage and endless possibilities for what's next. Featuring four detached homes, leased camper hookups, a rented metal shop, and a producing oil well (mineral rights reserved by seller for first 10 years), this one-of-a-kind property offers the flexibility to fit your goals. The homes have been well maintained with recent updates, including new bathtubs in every home, newer roofs, new flooring and more. Operating costs are low: the owner covers a single master water meter, and there is no gas service on the property. Build your dream home while rental income helps offset your mortgage, expand your investment portfolio, or explore future development opportunities such as additional rental units, tiny homes, or an RV/mobile home community. Whether you're looking for cash flow, acreage or a property with room to grow, this is an opportunity that's hard to replicate. One property. Multiple income streams. Endless possibilities. Bring your vision and discover what's possible.

Multi-family investment property with land. At market rents, the property projects about $42,000 a year in gross income and a 7.9% cap rate after owner expenses and 2026 property taxes. See the attached income summary for the full rent roll and expenses. The 16.8 acres are ready for development: more rentals, camper spaces, mobile homes or a custom home (buyer to verify with St. Landry Parish).

• Four detached rental homes plus a rented 30x60 metal shop and camper hookups
• 16+ acres with a producing oil well (seller keeps mineral rights for 10 years)
• New bathtubs in every home; newer roofs on 3 of 4 homes (House 2's roof was recently sealed)
• House 4 recently leveled, with rotten sills replaced and new flooring, baseboards and quarter round
• House 1 updated with a newer roof, new tub and fresh paint
• House 2 has a new front door
• Low operating costs: one master water meter, no gas service, no mortgage
• Tenants pay their own electric (Entergy)
• Projected $42,000/yr gross income and 7.9% cap rate at market rents (income summary attached)
• 16.8 acres ready for development: more rentals, camper spaces, mobile homes or a custom home