Eden Church Trailer Park — Sale in Denham Springs, LA
- Price: $1.7M
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Denham Springs, LA 70726
Photos
Investment Figures
- Cap rate
- 11.50%
- Price per unit
- $94,389 across 18 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
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. Land Size: 2.0 Ac | Listing Type: FOR SALE
Market Context
This multifamily in Denham Springs, LA is listed for sale at $1,699,000. It is offered at an approximate 11.5% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Denham Springs, LA — view the full market.
Contact
- David Vercher — KW Commercial - BR · +12254053257 · yourccim@kw.com
- David Vercher · +12254053257 · yourccim@kw.com
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