For Sale
$995,000

24715 Walker Rd Walker, LA 70785

Turnkey Mobile Home Park, High Occupancy

Overview

Added:
Feb 3
Days on market:
81
This exceptional investment opportunity presents a well-established mobile home park situated on a spacious 2.2-acre lot at 24715 WALKER SOUTH Road, Walker, LA. Currently housing 13 mobile homes, each occupied by long-term tenants, this property boasts a remarkable 90-100% occupancy rate, ensuring a consistent income stream. The park enjoys a strong sense of community and a peaceful atmosphere, making it an attractive and stable investment. All mobile homes have undergone recent renovations, eliminating the need for immediate capital expenditures. The seller has diligently maintained the property and implemented numerous improvements, ensuring a smooth transition for the new owner. This turnkey business is offered at $995,000, presenting a compelling return on investment with a calculated capitalization rate of 8.64%. Financial records are available upon request to qualified buyers to verify the strong financial performance and consistent cash flow. The property's location in Walker, LA, offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a profitable and well-maintained mobile home park with a proven track record of success. Serious inquiries only.

Property Details for 24715 Walker Rd

Property type
Commercial real estate
Lot Size (sq. ft)
95,832 SF

Location Insight

City
Walker
County
Livingston
State
Louisiana
Latitude
30.45935
Longitude
-90.86233

FAQs

What type of property is this?
Commercial real estate - Turnkey Mobile Home Park, High Occupancy
Where is the commercial real estate located?
The property is located at 24715 Walker Rd Walker, LA.
What is the asking price?
The asking price for this property is $995,000.
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24715 Walker Rd
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