Silver River MHP
Mobile Home ParkMonroe, Ouachita Parish, Louisiana
Listing Details
- Asking Price
- $1.5M
- City
- Monroe
- County
- Ouachita Parish
- State
- Louisiana
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About Silver River MHP
The MHP Value Team is pleased to present Silver River MHP, a 59-site manufactured housing community located in Monroe, Louisiana.
The community consists of 21 occupied park-owned homes at an average of $699/M, 3 lot renters at $300/M, 22 vacant park-owned homes, and 11 vacant lots. The seller purchased the park in 2021 and has invested multiple six figures into home rehabs and occupancy improvements but has been unable to fully stabilize the asset as an out-of-state owner based in California.
Silver River is served by municipal water through Prairie Road Water, a lagoon sewer system, and individually metered electric billed directly to tenants.
Monroe is seeing a direct economic benefit from Meta's $50B+ AI data center being built 30 miles east in Richland Parish — projected to bring thousands of workers and 500+ permanent jobs to the region, driving housing demand throughout the area.
The seller is open to financing, and the investment strategy is simple — lease up the 22 vacant homes, fill the lots, and grow rents to market rate.
Frequently Asked Questions
How much does Silver River MHP cost?
Silver River MHP is listed at $1.5M. Request full financials through Parkvestor for a direct introduction to the listing broker.
What type of property is Silver River MHP?
Silver River MHP is a mobile home park located in Monroe, Louisiana, currently listed for sale.
Where is Silver River MHP located?
Silver River MHP is located in Monroe, Louisiana. Browse more mobile home parks for sale in Louisiana on Parkvestor.
How do I get more information about Silver River MHP?
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