Bluefin Trailer Park/Storage LLC - for Sale in Venice, Louisiana
42136 Hwy 23
Venice, LA 70091
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Seller Information
Scott Graham
Mobile Home Park for Sale |
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| Number of MH Lots: | 8 |
| Size: | 2.7 acre(s) |
| Cap Rate: | 19.8% |
| Purchase Method: | Cash, New Loan |
| Status: | Active |
| Property ID: | 111539 |
| Posted on: | Dec 14, 2011 |
| Updated on: | Dec 14, 2011 |
| Price: | $675,000 |
Property Description
Bluefin Trailer Park and Boat Storage is located in Venice, LA aka "Fisherman's Paradise" on Hwy 23 in Plaquemines parish. The property consists of 2.68 acres with eight fully furnished and equiped mobile homes (washer/dryer, dishwasher, dishes, cookware, utensils, towels, etc)
Three homes are 2007 River Birch models. Two of these are 16 x 80 and the other is 15 x 80. The remaining five homes consists of three 2006 Horton Mirage 16 x 76 models and the other two are 2006 Legacy 16 x 80 models. Park currently pays for all utilities.
This property also has 32 boat storage sheds. Each shed can accommodate a 36ft. boat or smaller. Currently 19 boat sheds are rented on a monthly, quarterly, or annual term. Many of the renters have been there for 5+ years.
Bluefin is spacious enough to add 1-3 more single wide mobile homes if desired.
Great for corporate housing!!!
Location Description
42136 Hwy 23
Venice, LA 70091
Plaquemines parish
80 miles south of New Orleans
Park Information
| Number of MH Lots: | 8 |
| Size: | 2.7 acre(s) |
Financial Information
| Gross Income | $219,931 |
| Operating Expense | $86,468 |
| Net Operating Income | $133,462 |
| Expense Ratio | 39.3% |
| Debt Info |
Lot Information
| Singlewide Lots: | 8 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $1,000 |