Posts Tagged ‘LA’

Case Study 5 – Existing Facility in Rayne, LA

Fernando Angelucci talks about an existing facility in Rayne, Louisiana that is pretty stable. Existing earnest money is about 50,000 with a price of 1.2 million, which equates to about a 7.4% cap rate. It has a population of 500,000 people in the area with a Median Household Income of around 31,000. There’s still an…

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