Contact Information

Michael Nissley
Colliers Manufactured Housing & RV Group

Mobile Home Park Details

  • Price: $75,500,000
  • Property ID: 1676192
  • Posted On: May 24, 2022
  • Updated On: Nov 1, 2022

Property Description

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer for sale Mosswood Properties, a six property portfolio in Southern Louisiana which is anchored by Mosswood Estates, a 320 unit corporate housing MH property located in the Lake Charles, LA.​ metro.​

Mosswood Estates is a full-service corporate housing MHRV property with a long history of corporate tenancy (since 2015) and is currently leased to FEMA.

Long-term contracting of LNG (natural gas) supplies has risen sharply since last year as spot prices have jumped and buyers have looked to diversify their supply, shield themselves from volatility and lock in better terms.

In all, U.S. export projects have signed long-term deals to supply more than 15 mtpa of LNG this year.

The demand for LNG is expected to rise 25 to 50 percent by 2030. Southwest Louisiana will be a major supplier, and in particular, Cameron Parish.

Tellurian has secured enough commercial support on Driftwood LNG and gave the go-ahead to contractor Bechtel in March to launch limited construction of the project' first phase.

https://www.crexi.com/properties/828248/louisiana-mosswood-properties-portfolio
https://www.crexi.com/properties/829250/louisiana-mosswood-estates-manufactured-home-community
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Location

The Portfolio is located in Southern, Louisiana, which is currently experiencing renewed growth from the exploding LNG export market.​ Mosswood Estates, the largest asset in the portfolio, is perfectly situated as corporate housing for the construction workers needed to build out the many new LNG terminals in the area and will soon be looking to sign a new contract as the FEMA lease expires in 2022.​

https://www.crexi.com/properties/828248/louisiana-mosswood-properties-portfolio
https://www.crexi.com/properties/829250/louisiana-mosswood-estates-manufactured-home-community
Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 300
Total Occupancy: 77.0 %
Year Built: 2015
Size: 72 acre(s)

RV Information

Number of RV Lots: 20

Utility Information

Water: City
Sewer: City

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