Well Established and Profitable Mobile Home Par...

Lafayette Metro, LA

Asking Price: Annual Revenue:
$530,000 Not Disclosed

Recreation: Outdoor

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RE: Well Established and Profitable Mobile Home Par... Broker: Darren Williams

Quick Facts

Asking Price: $530,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $106,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 1
BBN Listing #: 735551043
Broker Reference #: BATONLA001-N2977

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Business Overview:

Sunbelt Business Brokers of Central and North Louisiana presents a well- established and profitable mobile home park / rental business for sale in metro Lafayette, Louisiana. This easy-to-run business was developed well over three decades ago and many of the current tenants have been dependable renters for quite some time. This mobile home park is very family friendly and has many parklike qualities inside the approximately 6.82 acres included with the sale of this business. There is also a children's park / playground currently under development on the grounds adding value and recreational opportunities for the parks little residents. This primarily cash-based business has sixteen mobile homes that are available for rent. Fourteen of these sixteen homes are occupied and the current owner expects the remaining two to be rented soon. Several of the homes have been renovated and there is also a quaint home approximately 1500 square feet with 3 bedrooms and 1 ½ bathrooms that is being rented out on the property. Additionally, there are four additional lots ready for development / expansion where a new owner could generate additional rental revenue. The current owner states there is additional land located adjacent to the mobile home park that could also be acquired should the new owner wants to further expand. The business is currently being run semi-absentee, with a grounds keeper and maintenance person but the new owner could take a more hands on approach to add more revenue or they could keep operating semi-absentee. The current owner is willing to do some seller financing to the right buyer with an appropriate down payment. The owner is pursuing other business interests and is motivated to sell this business quickly. Come walk the grounds of this park, meet a few of the dependable residents, and see how this rental business would work for your future, make offer! Agent is sponsored through Sunbelt Business Brokers of Alexandria, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.

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Reason for Selling:

Other business interests

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.

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