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c.2024:RE/MAX ONE - Longville or Assignees

DISCOVER A PRIME INVESTMENT

opportunity with this well-established trailer park for sale.Situated in a desirable location, this park features a mix of spacious lots, including 2houses, 4 trailers, 2 duplexes, 1 TOH, and 2 vacant lots, totaling 11 units. The parkboasts a solid infrastructure with updated state and parish sewer permits.Currently, rents are at close to 85% of the market rate, providing a clear path forincreased revenue by bringing them up to the market standard. With 90% occupancy,the park grossed $72,366 in 2023, demonstrating strong income potential even withbelow-market rents. The easy-to-manage layout and close proximity to Highway 171make this an attractive option for both seasoned investors and those new to propertymanagement.There is also potential to increase profitability by introducing charges for lawn servicesand water, adding new revenue streams to further enhance returns. Additionally, theresample room for value enhancement by upgrading the paved roads and infilling thevacant lots. This park presents a unique opportunity to maximize returns throughstrategic improvements and rent adjustments. Don’t miss out on this promisinginvestment in a thriving community.
MLS#: SWL24004577
Unit: 
Price:  $985,000
Bedrooms: 
Baths:  0.0
Sq Ft: 
Lot Size:  2.63 acres
Garage: 
Zoning: 
Subdivision: 
Year Built: 
Schools: 
Map location from available data. Location should be verified. Click map for interactive view.

RE/MAX ONE - Longville

Roxanne Corbello

12836 Highway 171
Longville, LA | 70652

Direct: 337-517-7333
Office: 337-725-4663

Roxanne Corbello

© 2024