Mobile Home Portfolio
For Sale
$400,000
12431 & 12483 Arceneaux Ln, Geismar, LA 70734
Three mobile homes are included in this for-sale package with a stated total monthly income of $4,400.
Property Size4,500 SF
Price / SF$88.89
Days on Market114
Property Features for 12431 & 12483 Arceneaux Ln
General Information
Standard status
Active
Size
4,500 SF
Taxes and HOA fees
Annual Taxes
$999
Listing Agency:
Realty Executives South Louisiana Group
(225) 677-7772
Listed By:
Erin King · License #0995695277
(225) 681-0161
Source:
Exprealty
Added: Jun 25
Changed: Sep 14
Last Checked: Oct 15 at 3:14AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale package includes three mobile homes across two addresses: 12431 Arceneaux Ln and 12483 Arceneaux Ln. The offering is presented as a multi-property portfolio, with total stated monthly income of $4,400.
The package is identified as the Arceneaux Rd package in the provided materials, with total price listed at $400,000. Additional related portfolio packages are noted as available in the remarks, though details of those offerings are not included here.
If you are looking to evaluate a small mobile home income package, this listing provides the complete set of included units and addresses within the Arceneaux Rd offering.
The package is identified as the Arceneaux Rd package in the provided materials, with total price listed at $400,000. Additional related portfolio packages are noted as available in the remarks, though details of those offerings are not included here.
If you are looking to evaluate a small mobile home income package, this listing provides the complete set of included units and addresses within the Arceneaux Rd offering.
Key Highlights
- Package includes 3 mobile homes with addresses: 12431 Arceneaux Ln., 12483 Arceneaux Ln., and 36269 LA Hwy 74
- Stated total monthly income: $4,400
- Total package price: $400,000
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.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Three mobile homes are included in this for-sale package with a stated total monthly income of $4,400.
Where is this mobile home & rv park located?
The property is located at 12431 & 12483 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: Package includes 3 mobile homes with addresses: 12431 Arceneaux Ln., 12483 Arceneaux Ln., and 36269 LA Hwy 74; Stated total monthly income: $4,400; Total package price: $400,000
