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150 Highway 135, 
Rayville, LA 71269

$6,500,000


Bed


Bath


-

Sq Ft


Manufactured

Active

Listed by

Jacob Duvall

Robert Wilson

Keller Williams Parishwide Partners

318-812-7653

Last updated:

May 4, 2025, 02:48 PM

MLS#

213909

Source:

LA NEBOR

About This Home

150 Highway 135

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!

Home Facts

Manufactured

Price Summary

6,500,000

MLS #:

213909

Last Updated:

May 4, 2025, 02:48 PM

Added:

1 month(s) ago


Lot

Lot Size (Sq. Ft):

311,889


Finances & Disclosures

Finances

Price:

$6,500,000

Source:LA NEBOR
The information being provided by Northeast Louisiana Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Northeast Louisiana Board of Realtors All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.