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Lake Charles Mobile Home Park 2596 Highway 3059

1 Unit Mobile Home Park $2,441,965 CAD ($2,441,965 CAD/Unit) 7.19% Cap Rate Lake Charles, LA 70615

Investment Highlights

  • 39 Tenant Owned Homes Currently Operating
  • Lot Rents Well Below Market Rates
  • County Water Not Sub-Metered 
  • 64 Lots Total, 25 Vacant Lots 
  • Paved Roads 
  • Less Than a Mile Away From HWY 171 & Walmart Super Center

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the Lake Charles Mobile Home Park Located at 2596 Highway 3059 in Lake Charles, LA. This Deal Includes 39 Tenant Owned Homes Currently Operating and 64 Total Lots With 25 Vacant, All Well Below Market Rates, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT

Property Facts

Price $2,441,965 CAD
Price Per Unit $2,441,965 CAD
Sale Type Investment
Cap Rate 7.19%
No. Units 1
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • General Retail Storefront Retail/Residential
Lot Size 5.72 AC
Average Occupancy 61%
No. Stories 1
Year Built 2000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00097527
Land Assessment
$16,519 CAD
Improvements Assessment
$27,407 CAD
Total Assessment
$43,927 CAD
  • Listing ID: 32205286

  • Date on Market: 2024-06-21

  • Last Updated:

  • Address: 2596 Highway 3059, Lake Charles, LA 70615

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