Contact Information

Mobile Home Park Details

  • Price: $800,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6538572
  • Posted On: Jul 10, 2024
  • Updated On: Jul 17, 2024

Description

For sale by owner, Lakeview Louisiana Properties, LLC. Park is located in Mooringsport, Louisiana, a small, quiet village about 17 miles north-east of Shreveport, Louisiana near beautiful Caddo Lake. It is 15 minutes by four lane highway to Walmart, McDonalds, a dollar store, and other amenities. Current owner bought the property 20 years ago and has developed it extensively. Mature landscaping, a grassy lawn, and a privacy fence make the park very attractive. It is the only multifamily rental property in the village. The park is 2.4 acres on a quiet residential road . There are 12 lots with 12 owner owned units with occupy 2/3 of the acreage. There is space for 6 more lots near the privacy fence. All units have been recently renovated and have washers, dryers, dishwashers, central heat and air. All appliances are owned by the park owner, and back up appliances are stored on site in a large storage building. Many replacement parts for the units are also stored there. Current annual fixed expenses for city and parish taxes, electricity for security lights, property and liability insurance ($1,000,000 coverage), licenses and fees totals $7215.00. Current potential income is $9200 for annual potential income $110,400. Rents are slightly below current market value. Most tenants have been long term occupancy. It is a "turn key" property. Onsite manager and experienced handyman are available if desired.
For more information, call Barbara at 318-990-9591 or email at mizzzbobbie@aol.com.

Location

Mooringsport, Louisiana, about 17 miles north=east of Shreveport, Louisiana.

Amenities

  • Storage
  • Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 12
Average MH Lot Rent: $800
Size: 2 acre(s)

Financial Information

Gross Income: $110,000
Operating Expense: $0

Lot Information

Singlewide Lots: 12

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 12
Average Rent for Park-owned Homes: $800

Similar Mobile Home Parks for Sale