Courtesy of: Sergio Mesa, Elite Real Estate Advisors, sergio@elite-rea.com
Courtesy of: Sergio Mesa, Elite Real Estate Advisors, sergio@elite-rea.com
$1,850,000
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243,679 square feet
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|
Other
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$1,850,000
1033 LEBLANC Drive Investment opportunity to acquire a stabilized 34-site mobile home community located at 1033 Leblanc Drive in Henderson, Louisiana. Cajun Trace MHC is currently 100% occupied with zero park-owned homes, offering a straightforward lot-rental model with minimal exposure to home maintenance, repairs, and turnover costs. Current lot rents are $400 per month, providing an established and consistent income stream. One of the property's strongest investment features is its exceptionally low operating expense structure. Water, sewer, and trash services are direct-billed by the city to each tenant, eliminating these utility costs and associated collection responsibilities from property-level operations. Combined with zero park-owned homes, the community has virtually no true recurring property-level operating expenses, creating a highly efficient ownership and management structure. The property features paved interior roads, off-street parking, and is situated in Flood Zone AE. With 34 occupied sites, zero park-owned homes, tenant-paid utilities, paved infrastructure, and minimal recurring operating expenses, Cajun Trace MHC offers investors a stabilized, low-maintenance community with a simple operating model and strong existing income stream.
Courtesy of: Sergio Mesa, Elite Real Estate Advisors, sergio@elite-rea.com
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