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.
Listed By
Agency Name: KW Commercial Baton Rouge
Agency Phone: 225-768-1800
Shown By
Agency Title: Burns & Co., Inc. REALTORS®
Agency Phone: (800) 375-0608
Estimated Payment
$ 4,276.78 per month $3,781.24 Principal & Interest $0.00 Property Tax (data not provided by mls) $495.54 Homeowner's Insurance
30263 Eden Church Rd | MLS# 2025014784
This multi-family property located at 30263 Eden Church Rd, Denham Springs, LA 70726 is currently listed for sale with an asking price of $1,699,000. Eden Church Rd is located within the Livingston Parish school district. Search Denham Springs real estate on www.burnsandco.com today.