Ascension Parish Mobile Home Park — Sale in Prairieville, LA

  • Price: $3M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Prairieville, LA 70769

Investment Figures

Cap rate
11.00%
Price per unit
$100,000 across 30 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Exceptional investment opportunity-Thismobile home park with 27 park-owned homes and 3 lot rentals offers exceptional value. Located in the desirable Ascension Parish School District, this park is currently reported to maintain strong occupancy. With city maintained road, reported scheduled gross income of $414,000, city water and sewer, and 2018 model homes described as being in like-new condition, this offering presents a compelling cash-flow investment opportunity. Contact Broker today for investment details. No viewings prior to executed purchase agreement. Call agent at 225-405-3257 for details. Showing Time will not schedule viewings. Land Size: 4.38 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Prairieville, LA is listed for sale at $3,000,000. It is offered at an approximate 11.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Prairieville, LA — view the full market.

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