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Louisiana Business For Sale

  
MOBILE HOME PARK - 37 LOTS


Attn: Alan Risher
Baton Rouge Metro, LA, USA
Listing Number: "BatonLA001963"
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Asking Price: $1,250,000 USD USA Dollars
Business for Sale Industry: Services: Hotel, Motel, Lodging
Reason for Selling: Other Business Interests
Year Established: 1989
# of Employees: PT: 2
Yearly Revenues: $160,000
Yearly Cash Flow: $145,000
Monthly Payroll: $350



Business for Sale Overview:
Very nice, clean 17 year old Mobile Home Park has 37 lots and 22 park owned trailers on about 5.01 acres. Park is located in a large, fast growing, affluent suburb of Baton Rouge, LA. Park has an oxidation pond and its own water well. The tenets must maintain their own lots. An onsite manager lives in the park. Manager collects rents, insures lots are maintained and handles maintenance or other issues. Park has paved streets, all utilities and trailers built prior to 1994 are not allowed. Park is permitted for 50 sites. Rental rates appear to be low for the area. This presents an opportunity to increase net cash flows by raising rental rates over time. Seller is motivated to sell and will consider seller financing with a reasonable down payment and a qualified buyer. Seller will seriously consider and promptly respond to all reasonable offers. Mobile home parks of this quality are hard to find. This one won’t last long. Come see, make offer.



Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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