Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Mobile Home Park - Very Profitable

Southeast, LA

Services: Real Estate

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,500,000
$312,000
Not Disclosed
$276,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1995
1
130534161

Business Overview:

Mobile home park with 59 lots is located in a very pleasant area of Southeast, La. Park is about equidistance to both Baton Rouge and New Orleans and is just a short drive of an hour or less down the interstate. Park has 42 park owned mobile homes. Park has about 7.5 acres of land. Sewage is provided by an oxidation pond. There is an onsite manager that is given a lot rental-free as pay. Lot rentals have not been raised in 8 years and are far below market at $135 per month. Other parks in the area charge between $175 and $200 per month. Ever since Hurricane Katrina, mobile home rental sites have been in big demand. Most political entities, since Katrina, have passed stiff new land use ordinances to inhibit the development of any new parks. With these new ordinances and current rental rates, construction of new parks is not cost effective. Seller is open to substantive offers. Seller will seriously consider and promptly respond to such offers. This will make someone a nice investment. Mobile home parks for sale are becoming very hard to find. They usually do not last long on the market. Act fast. Come see this one, make offer.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Other Business Interest

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.