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Active
MHP/MHC
Louisiana, USA
$1,500,000
2 Park Portfolio
Property Description
Price Reduction!
Owner financing is available.
Jennifer Stein Real Estate, Inc. in conjunction with MHP Brokerage is pleased to present for sale this two-park portfolio in New Iberia, Louisiana. With favorable owner financing available, this is a rare investment opportunity for someone looking for a meticulously maintained mobile home park. Composed of 27 units, each with a strong rental history and boasting 100% occupancy; located in a thriving community, this property offers a rare combination of stability and income growth potential. The seller is willing to finance the deal at 5% interest.
Investment Highlights
4 Acres
No turnover
100% Occupied
Directly billed utilities
Current yearly NOI above $200k
Owner financing at 5% interest available
