Tupco Realty "We have a property for you"

Mobile Home Park for Sale in Welsh LA --- New Reduced Price


 

 

Excellent investment opportunity to diversify your portfolio. Strong rental income with low operating costs. 15 units, 2 of wich are park owned, all occupied. 11 lots to expand your cash flow plus an additional 4 acres adjacent to the park zoned for mobile home park. City water/sewer and individually metered. 
 
 

Green Acres Trailer Park

 

Park is located at 425 S. Simmons Street  Welsh, LA.

 

26 spaces, 15 are occupied. 2 of the 15 trailers we own.

 

11 spaces are unoccupied,  ready to be moved in.

 

The developed park sits on 2 acres with paved driveway down the center .

 

The park comes with 4 additional undeveloped acres on the side that have been zoned for a trailer park.

 

City water as well as city sewage.

 

Each tenant pays their own electricity, currently we pay the water. There are meters at each lot if ever park owner wants tenants to pay water in the future.

 

Current Monthly Income

Lot rent $175.00 per lot per month X 13 = $2275.00

2 bedroom, 1 bathroom                  X   1   =$  450.00

3  bedroom, 2 bathroom                X   1   =$  600.00

                                  Total Monthly Income =$3,325.00

 

Potential Monthly Income

Lot rent $175.00 per lot per month X 24 = $4200.00

 2 bedroom, 1 bathroom                   X   1   =$  450.00

3  bedroom, 2 bathroom                  X   1   =$  600.00

                   Total Potential Monthly Income =$5,250.00

 

Trailer Park Expenses

 

Utilities

Electricity

Water

Sewage

Security lights

 

Average - $600.00 per month

 

Insurances

 

1million liability insurance- $650.00 per year

 

Taxes

 

Property Taxes- $700.00 per year

 

Yard Maintenance

 

I cut vacant lots every other  week, not sure of cost. Tenants could do for minimum charge i'm sure.  

Listed by Van Eaton & Romero Brokers Lafayette, LA