Three-Property Mobile Home
For Sale
$400,000
12423 Arceneaux Ln, Geismar, LA 70734
Portfolio includes three mobile homes in a multifamily residential income property offering.
Property Size4,500 SF
Price / SF$88.89
Days on Market500
Property Features for 12423 Arceneaux Ln
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Investment
Financials
Asking Price
$400,000
Gross Income
$52,800
Additional Details
Multifamily Units
3
Building Details
Buildings
3
Construction
mobile home
Listing Agency:
Realty Executives South Louisiana Group
Listed By:
Gary Fontenot · License #0000041561
(225) 413-7797
Source:
Lacdb.resimplifi
Added: Jun 4, 2025
Changed: Oct 13
Last Checked: Oct 14 at 7:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives South Louisiana Group
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Investment Insights
Based on property information with market context.
This multifamily portfolio includes three separate properties containing three mobile homes. The offering is identified as a residential income property package in Geismar, Louisiana, with a total stated property size of 4,500.
Key Highlights
- Three‑property portfolio
- Includes 3 mobile homes
- Located in Geismar, LA 70734
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,697
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,940
$413.9K
Cap Rate 7%
$295,671
$295.7K
Cap Rate 9%
$229,967
$230.0K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$47.0K $10.44/SF
− Vacancy
−$9.3K −$2.08/SF
EGI
$37.6K $8.36/SF
− OpEx
−$16.9K −$3.76/SF
NOI
$20.7K $4.60/SF
Area
Ascension County, LA
Vacancy
19.90%
Lease Rate
$10.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$413,940
Cap Rate 7%
$295,671
Cap Rate 9%
$229,967
Alternative Uses
Best Use
Apartment 5plus
$295.7K
$258.7K – $345.0K
NOI $20,697 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$987.4K
$864.0K – $1.15M
NOI $69,120 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 70734, LA
8,384
Population
3,141
Households
2.7
Avg Household Size
35
Median Age
46%
College-Educated
90%
High-School Grad
27.7 sq mi
ZIP Area
303
Density / Sq Mi
$124,059
Median Household Income
$49,302
Median Earnings
$978
Median Rent
$306,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Portfolio includes three mobile homes in a multifamily residential income property offering.
Where is this multifamily property located?
The property is located at 12423 Arceneaux Ln Geismar, LA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Three‑property portfolio; Includes 3 mobile homes; Located in Geismar, LA 70734
