641 LA Hwy 1 South, Morganza, LA
Mobile Home Park for Sale - $695,000 - 49299.44 acres
Property Info
CIMLS# | 780740 |
Location 641 LA Hwy 1 South Morganza LA 70759 | |
Updated | November 26th, 2015 |
Type | Mobile Home Park |
Price | $695,000 |
Land | 49299.44 acres |
Property Description
For Sale is a multi-purpose investment property including an RV Park with thirty-five (35) full hook-ups, automatic car wash and manual car wash, office/residential rental building, seven (7) unit mini-storage facility, and manager's office / laundry / shower facility. The investment property is located within minutes of many industrial facilities which drive long term tenants to the property. On-site management services the property throughout the day and the park managers live on-site, making the property a great investment with limited supervision required.
RV Park - Thirty-five (35) hookups which include power, water, Wi-Fi internet and municipal/city sewer. Also included is a coin-operated laundry facility, separate men's and women's restroom and showers, pavilion and manager's office.
Commercial / Rental Building - Approx. 2,000 sq. ft. building currently rented long-term as a furnished apartment/rental house. Property has also been used as commercial office and retail space.
Car Wash - Hydrospray automatic car wash and manual self-serve car wash with one (1) vacuum and compressed air station for filling up tires.
Mini-Storage - Boat, trailer and RV storage available in 3,000 sq. ft. mini-storage facility. The improvements include three (3) 12x30 storage units and four (4) 12x40 storage units.
On-site Property Manager - The on-site property managers are a wonderful addition to the park. They handle the day-to-day operations, maintain and service equipment and welcome guests upon their arrival to the RV Park.
Do not disturb guests or employees. Owner/Agent; contact Josh at 225-721-2058 for more information.
Location Description:
Located in Morganza, LA just minutes from New Roads and St. Francisville. Within close proximity to several industrial facilities including NRG Big Cajun I & II power plants, Entergy Riverbend Nuclear Power Plant, KPAQ Paper Mill, Colonial Pipeline, and Georgia Pacific Paper Mill. Morganza is approximately forty-five (45) minutes from Baton Rouge, LA and approximately fifty (50) minutes from Lafayette, LA.
Highlights:
>> Thirty-Five (35) Full RV Hookups
>> Bath House and Coin-Operated Laundry Facility
>> Seven (7) Unit Boat / Trailer / RV Storage
>> Automatic and Manual Car Wash
>> Office / Residential Rental Building
* Email for additional photos
Financials
Sales Info:
>> Cap rate: 12.87%
>> Commision split: 3.0%
>> NOI: $89478