Lake Charles Mobile Home Park | Lake Charles, LA
Sands Investment Group is Pleased to Exclusively Offer For Sale the Lake Charles Mobile Home Park Located at 2596 Highway 3059 in Lake Charles, LA. This Deal Includes 39 Tenant Owned Homes Currently Operating and 64 Total Lots With 25 Vacant, All Well Below Market Rates, Providing For a Secured Investment.
- 39 Tenant Owned Homes Currently Operating
- 64 Lots Total, 25 Vacant Lots
- Lot Rents Well Below Market Rates
- Paved Roads
- County Water Not Sub-Metered
- Less Than a Mile Away From HWY 171 & Walmart Super Center
- Lake Charles Has Shown a Steady Growth in Population Experiencing a 7% Growth From 2020
- City is Home to Over 80K Residents
- Equidistant From Houston, TX and Baton Rouge, LA
- Pro-Forma 8.65% Cap at Current Occupancy @ Market Rates
- Pro Forma 14.12% Cap at Full Occupancy @ Market Rates
In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
