Contact Information
Esperanza Sierra
Mobile Home Park Details
- Price: $1,700,000
- Cap Rate: 7.2%
- Listing ID: 6727898
- Posted On: Sep 13, 2024
- Updated On: Sep 13, 2024
Description
Contact Lead Broker: William Capone
Email: wcapone@SIGnnn.com
Phone Number: 954-723-8342
Sands Investment Group is Pleased to Exclusively Offer For Sale the Lake Charles Mobile Home Park Located at 2596 Highway 3059 in Lake Charles, LA. This Deal Includes 39 Tenant Owned Homes Currently Operating and 64 Total Lots With 25 Vacant, All Well Below Market Rates, Providing For a Secured Investment.
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Park Information
| Number of MH Lots: | 64 |
| Total Occupancy: | 61.0 % |
| Size: | 6 acre(s) |
Financial Information (Actual)
| Gross Income: | $159,120 |
| Operating Expense: | $36,845 |
| Net Operating Income: | $122,275 |
| Expense Ratio: | 23.2 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
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