$ 1,500,000 $ 1,500,000

41149 Highway 42 Highway

Prairieville, LA 70769

  • 1 SqFt
  • 5.62 Lot Size
  • - Year Built
Discover a lucrative investment opportunity with this well-established 30-lot mobile home park located in the desirable Prairieville, LA. Nestled in a community renowned for its top-rated schools, this mobile home park offers consistent cash flow and a strong rental history, making it a stable income source for investors. The park owns 7 of the mobile homes, which will be conveyed with the property at no value and without warranty. Although the park has room for an additional 15 lots, it is important to note that these are not currently approved by the parish. While approval is possible, it must be presented to the planning commission in a public hearing. The new owner may be required to bring the entire park up to current code and standards in order to approve the additional lots. Each lot is spacious and provides ample room for mobile homes, ensuring high demand from prospective tenants. The park features a septic tank every two lots and an oxidation pond in the rear. According to the parish, the current sewage system's sale will not necessarily require any revisions to the sewer permit. However, all sewer plants, modifications, and related systems must be maintained and comply with their LDH discharge permit each year prior to park license renewal. Please note that this property is being sold as-is, with no owner financing available. Don't miss out on this exceptional investment opportunity in a thriving area—secure your future with this profitable mobile home park today! *****Please be advised that no one is to communicate with the park tenants regarding the sale of the mobile home park. All inquiries and communications must go through the listing agent. It is crucial to maintain a high level of confidentiality throughout this process. Thank you for your cooperation*****
Listed by Engel & Volkers Baton Rouge

PROPERTY DETAIL

  • Key Details

    Sold Price $1,500,000

    Property Type Commercial

    Sub Type Commercial

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1 sqft

    Price per Sqft $1,500,000

    Subdivision Galvez

    MLS Listing ID 2024018242

    Sold Date 10/01/24

    Lot Size 5.620 Acres

    Property Sub-Type Commercial

  • Location

    State LA

    County Ascension

    Direction From Airline, take Hwy 42 towards Port Vincent. Park is located a couple miles down on the right. Right passed Neighborhood WalMart.

  • Building

    Foundation Other

    Sewer Retaining Pond, Septic Tank

    Water Public

  • Interior

    Heating Other

    Cooling Other

  • Exterior

    Exterior Feature None

    Utilities Available Natural Gas Not Available

    Roof Type Other

    Private Pool false

  • Others

    Acceptable Financing Conventional

    Listing Terms Conventional

    Special Listing Condition As Is

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CONTACT

Amanda Parfait

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