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Listed byKW Commercial Baton Rouge • David Vercher • 225-768-1800
$ 1,699,000
Est. payment | /mo
2 Sqft Lot
$ 1,699,000
Est. payment | /mo
2 Sqft Lot
Key Details
Property Type Other Types
Sub Type Mobile Home Park
Listing Status Active
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2025014784
HOA Y/N No
Year Built 1995
Annual Tax Amount $3,072
Lot Size 2 Sqft
Acres 2.0
Lot Dimensions IRR
Property Sub-Type Mobile Home Park
Source ROAM MLS
Property Description
Exceptional investment opportunity — Mobile Home Park with 18 park-owned units. 15 homes built in 2017 or later — each leased at $1,300/month. 3 older models — each leased at $600+/-/month. Consistently maintains 100% occupancy. Owner pays water & sewer; tenants pay electricity. Located in Flood Zone X (low flood risk). 10.2% CAP Rate. 2 Acres. 18 Units. Well-Maintained Property. Expansion potential on adjacent property. Strong performer with a 11.5% CAP rate and $254,950 gross annual income.
Location
State LA
County Livingston
Community Not A Subdivision
Area 2.0
Direction Hwy 190 (Florida Blvd) to Eden Church Rd.
Interior
Cooling Central Air, Other
Fireplace No
Appliance Range
Exterior
Garage Spaces 36.0
Total Parking Spaces 36
Garage No
Building
Foundation Other
Water Public
New Construction No
Others
Tax ID 0058057
Nearby Locations
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