Mobile Home Park - 37 Lots
Location Louisiana,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $160000
Net Profit / Cash Flow $145000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 1 - 3
Inventory 75000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Available.
Reason for Sale Other business interests.
Description Very nice, clean 17 year old Mobile Home Park has 37 lots and 22 park owned trailers on about 5.01 acres. Park is located in a large, fast growing, affluent suburb of Baton Rouge, LA. Park has an oxidation pond and its own water well. The tenets must maintain their own lots. An onsite manager lives in the park. Manager collects rents, insures lots are maintained and handles maintenance or other issues. Park has paved streets, all utilities and trailers built prior to 1994 are not allowed. Park is permitted for 50 sites. Rental rates appear to be low for the area. This presents an opportunity to increase net cash flows by raising rental rates over time. Seller is motivated to sell and will consider seller financing with a reasonable down payment and a qualified buyer. Seller will seriously consider and promptly respond to all reasonable offers. Mobile home parks of this quality are hard to find. This one won't last long. Come see, make offer. Contact for more information on this Mobile Home Park for sale.
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