Mobile Home Park
Sportsman Mobile Home Park
2653 Old Deridder Hwy, Lake Charles, LA 70615
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present Sportsman Mobile Home Park, a 52-space mobile home community located in Lake Charles, Louisiana. The park features concrete roads throughout and each pad site includes a two-car concrete driveway. Conveniently, the property is situated just half
a mile from the nearest Walmart Supercenter.
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Sportsman Mobile Home Park spans 9 acres across four parcels. The park is currently 40 percent occupied, with 16 tenant-owned homes and 5 park-owned homes, leaving 30 additional spaces available for infill. Lot rents range from $230 to $350, while the park-owned homes rent for $800 to $1,300. The new owner has the opportunity to raise lot rents, fill the vacant spaces, and begin billing tenants for water and trash services, which are currently included in the rent.
The park is serviced by city water and features an on-site treatment pond that undergoes quarterly testing. Tenants are responsible for setting up their own electric service. Property management is already in place, receiving 6 percent of the total gross income as compensation. Please do not visit the park without prior approval. Property tours can be arranged through Marcus & Millichap agents.
Investment Highlights
- Majority Tenant Owned Homes
- Concrete Roads and Driveways
- Value-Add Opportunity With Infill
- Below Market Rents
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- Majority Tenant Owned Homes
- Concrete Roads and Driveways
- Value-Add Opportunity With Infill
- Below Market Rents
Investment Overview
Marcus & Millichap is pleased to present Sportsman Mobile Home Park, a 52-space mobile home community located in Lake Charles, Louisiana. The park features concrete roads throughout and each pad site includes a two-car concrete driveway. Conveniently, the property is situated just half a mile from the nearest Walmart Supercenter. \ Sportsman Mobile Home Park spans 9 acres across four parcels. The park is currently 40 percent occupied, with 16 tenant-owned homes and 5 park-owned homes, leaving 30 additional spaces available for infill. Lot rents range from $230 to $350, while the park-owned homes rent for $800 to $1,300. The new owner has the opportunity to raise lot rents, fill the vacant spaces, and begin billing tenants for water and trash services, which are currently included in the rent. The park is serviced by city water and features an on-site treatment pond that undergoes quarterly testing. Tenants are responsible for setting up their own electric service. Property management is already in place, receiving 6 percent of the total gross income as compensation. Please do not visit the park without prior approval. Property tours can be arranged through Marcus & Millichap agents.