25-Space Mobile Home Park - for Sale in Sulphur, Louisiana

2020 Carr Lane
Sulphur, LA 70663
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Sale Price: $425,000
Manufactured Home Community
Manufactured Home Community

Seller Information

Mark Pooser

Mobile Home Park for Sale

Number of MH Lots: 25
Status: Active
Property ID: 12847
Posted on: Jun 02, 2010
Updated on: Oct 19, 2010
Price: $425,000

Property Description

Approximately 20 space mobile home park with 3/4 acre commercial lot on on of the busiest streets in town. The commercial lot is right next door to Auto Zone and across the street from Sonic restaurant and O'Reilly Auto Parts. Auto Zone paid $175,000 for the identical lot next door 14 years ago. The lot is on 5 lane US 90 in Sulphur, LA and is adjacent to the trailer park.

The park itself has a horseshoe concrete drive all the way through the park. Has 2 car parking at all mobile homes. Most of the homes are older and I'm in the process of updating the park with year 2000 and up mobile homes. I just brought the first 2 in. We'll be pressure washing them and skirting them within 30 days. Have been upgrading water lines and electric poles as needed.

Will consider owner financing with $50,000 down, high credit scores, and high net worth.

Several of the mobile homes are empty, awaiting remodeling. The rental market here is very good if the mobile homes are fixed up. They rent fast if little or no work is needed. I have owned the park since 1998. My goal is to bring in as many park owned 2000 and up homes as I can afford and then advertise lots. If I have enough newer homes, it will attract other people to bring their homes here. Then it will become a park rule for ALL homes to be at least 2000 or newer.

Park Information

Number of MH Lots:25
Year Built:1973
Average MH Lot Rent: $175

Park-Owned Homes

Number of Park-owned Homes:12
Average Rent for Park-owned Homes: $400