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.
ManufacturedProperty Type
1995Year Built
2 acresLot Size
$74Price/Sq.Ft.
36 spacesParking
Listed by David Vercher, CCIM Vercher• KW Commercial Baton Rouge
The purpose of MHP is to permit the use of mobile home parks. A minimum of 3 acres is required for each mobile home park with a minimum frontage of 200 ft. A maximum density of 7.5 mobile home sites per 1 acre shall be allowed.
Permitted uses
Include but are not limited to:
Housing-Mobile home park
Jan 27, 2025 • Final
Residential
Electrical
Dec 16, 2024 • Final
Other
Replace the utility pole and meter for a sewer system.
Electrical
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 21 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Denham Springs, LA • 70726
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.