Value-Add RV Park Conversion to MHP Opportunity, Southeast Region

Property Description

Value-Add RV Park Conversion to MHP Opportunity

500+ RV Lots.

Can be converted to a 320 Mobile Home Park (approved to be a mobile home park!).

Property Size: 45 AC.

Year Built: 2015.

One of the 6 biggest parks in Louisiana.

GOOD TO KNOW

High Demand: The area has grown substantially to support the increase of transient workers for the area.

High Quality Construction: Extremely well-engineered plans. There were no standing water during the last two hurricanes while other locations sustained massive flooding.

Highly motivated seller: The current owners of the park are both over 80 years old. they both looking to cash out.

Near Future: For the next 15 years there is a projected industrial expansion growth of approximately $117 Billion Dollars nearby.

Certified Commercial appraised value of $10.5M (Nov 20).

Recently listed for $12 million (Aug 20).

For the next 15 years there is a projected industrial expansion growth of approximately $117 Billion Dollars nearby.

The total unmet housing need in the nearby major city exceed $900M.

60% of public housing remains uninhabitable. v Average rental cost has risen by 22% since last year.

Park Amenities:
Club House
Full service Convenience Store
Restaurant
shared bathrooms
Laundry Facility
Food Service
Fishing Pond
Trash Pickup
Propane Filling Station
Spacious Lots
WiFi
30/50 amp electricity available
Pet Friendly

---

Mobile Home Parks For Sale

---

RV Parks For Sale

---

MHP and RV Parks Development Sites

---

Images

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.