Multi-Family Trailer Park For Sale
$1.9MDenham Springs, Louisiana
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 10.6 CAP rate. Contact agent for additional information.- 10.6% CAP RATE- 2 Acres- 18 Homes- Well Maintained
Asking Price
$1.9M
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