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346 Bayou Blue Bypass Ln 52 Unit Mobile Home Park $2,500,000 ($48,077/Unit) Gray, LA 70359

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Investment Highlights

Location and Condition

Executive Summary

52 Space Mobile Home and Camper Park. 52 Total spaces. 42 spaces renting for $300.00 each to tenats. Ten units are rented with mobile homes as a package, Prices vary from $900 to $1350 each located off upper Bayou Blue road ( HWY 316) in Gray, Louisiana. Located in Flood Zone X as per current map. No flood insurance required by lender currently. Great location and this Mobile Home park is in an highly desirable area. Over 95% Occupancy. Two lots 128 Ft frontage each. Frontage of property on Bayou Blue By-Pass is 256FT +/-. One is 1125 +/-FT deep and second Lot is 911+/- FT deep. Each Mobile home lot is 40FT x115FT+/- and there are a few camper lots that are smaller among the 52 lots.

Property Facts

Price	$2,500,000	Building Class	B
Price Per Unit	$48,077	Lot Size	6.46 AC
Sale Type	Investment	Building Size	31,200 SF
No. Units	52	No. Stories	1
Property Type	Multifamily	Year Built	1990
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments

Price	$2,500,000
Price Per Unit	$48,077
Sale Type	Investment
No. Units	52
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments
Building Class	B
Lot Size	6.46 AC
Building Size	31,200 SF
No. Stories	1
Year Built	1990