Established Mobile Home Park
|Catylist Listing ID:
Mobile Home Park
|Number of Units:
|Building Size (RSF):
|Gross Building Area:
|Gross Land Area:
||$17,187.50 Per Unit
|Property Use Type:
||Cash to Seller
Overview / Comments
Multi-Unit Investment Property For Sale in Vidalia, Louisiana. This 6.38-acre property contains 5 houses, 28 park-owned mobile homes, and 31 leased lots - totaling 64 rental units. The property also includes a large workshop, office building, and Washeteria. 9.1% CAP Rate on current income.
Clark Bro’s Rentals is the only significant mobile home rental concentration in the Vidalia city limits, leaving it minutes from all desired amenities. Three major manufacturing facilities are approved for development within the following year, providing a unique future investment opportunity to convert the aforementioned property into workforce housing.
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