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Multi-Family Trailer Park For Sale 30263 Eden Church Rd 18 Unit Mobile Home Park $1,699,000 ($94,389/Unit) 11.50% Cap Rate Denham Springs, LA 70726
INVESTMENT HIGHLIGHTS
- Great Investment Opportunity!
EXECUTIVE SUMMARY
Mobile Home Park For Sale. Park consists of 18 park owned mobile homes. 13 mobile homes are 2016 models and 3 are older models. Of the 13 newer homes, 11 are leased at $1,300 monthly each and 2 are leased as Air B&B generating approximately $3,600 monthly income. The 3 older models are leased at $600 monthly each. The park averages 100% occupancy. Landlord pays water & sewer. Tenants pay electric. Located in Flood Zone X. This is an outstanding opportunity at a 11.5% CAP rate. Contact agent for additional information.
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- 11.5% CAP RATE
- 2 Acres
- 18 Homes
- Well Maintained
d
- 11.5% CAP RATE
- 2 Acres
- 18 Homes
- Well Maintained
PROPERTY FACTS
| Price | $1,699,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $94,389 | Lot Size | 2.00 AC |
| Sale Type | Investment | Building Size | 22,000 SF |
| Cap Rate | 11.50% | Average Occupancy | 100% |
| No. Units | 18 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2016 |
| Price | $1,699,000 |
| Price Per Unit | $94,389 |
| Sale Type | Investment |
| Cap Rate | 11.50% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 2.00 AC |
| Building Size | 22,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2016 |
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Multi-Family Trailer Park For Sale | 30263 Eden Church Rd
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