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Mobile Home Park

Tammany MHP

41662 U.S. Hwy 190, Slidell, LA 70461

Listing Price: Request For Offer

Number of Spaces
213
Lot Size
34.88 acres
Occupancy
55.0%
Spaces/Acre
6.11
Year Built
1970

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Slidell, LA. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE TAMMANY MOBILE HOME PARK.

Investment Highlights

  • $85,000 Spent in capital improvements in the past 36 months upgrading and Resurfacing asphalt
  • 28 Park owned homes that are all 2016 models
  • 120 Tenant owned homes with an average age of 22 years old

Exclusively Listed By

Financing By

Mobile Home Park

Tammany MHP

Listing Price: Request For Offer

Number of Spaces
213
Lot Size
34.88 acres
Occupancy
55.0%
Spaces/Acre
6.11
Year Built
1970

Investment Highlights

  • $85,000 Spent in capital improvements in the past 36 months upgrading and Resurfacing asphalt
  • 28 Park owned homes that are all 2016 models
  • 120 Tenant owned homes with an average age of 22 years old

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale this property in Slidell, LA. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE TAMMANY MOBILE HOME PARK.

Exclusively Listed By

Financing By

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