1033 Leblanc Dr, Breaux Bridge, LA 70517

$1,850,000
243,679
SqFt

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List Price
$1,850,000
Status
ACTIVE
Days on Market
24
MLS#
2580899
Subtype
Multifamily
Style
Other
Year Built
1996
Living Area
243,679

Property Description

Investment opportunity to acquire a stabilized 34-site mobile home community located at 1033 Leblanc Drive in Henderson, Louisiana. Cajun Trace MHC is currently 100% occupied with zero park-owned homes, offering a straightforward lot-rental model with minimal exposure to home maintenance, repairs, and turnover costs. Current lot rents are $400 per month, providing an established and consistent income stream.One of the property's strongest investment features is its exceptionally low operating expense structure. Water, sewer, and trash services are direct-billed by the city to each tenant, eliminating these utility costs and associated collection responsibilities from property-level operations. Combined with zero park-owned homes, the community has virtually no true recurring property-level operating expenses, creating a highly efficient ownership and management structure.The property features paved interior roads, off-street parking, and is situated in Flood Zone AE.With 34 occupied sites, zero park-owned homes, tenant-paid utilities, paved infrastructure, and minimal recurring operating expenses, Cajun Trace MHC offers investors a stabilized, low-maintenance community with a simple operating model and strong existing income stream.

Additional Information

Property Description
Other
Heating
Other
Air Conditioning
Other
Foundation
Other
Parking Features
Driveway

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Listing courtesy of Elite Real Estate Advisors.

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