Mobile Home & RV
For Sale
$187,000
14274 Sampere Lane, Tickfaw, LA 70466
Three homesites, individual utilities, and an existing tenant provide an established residential income configuration.
Property Size1,680 SF
Price / SF$111.31
Days on Market402
Property Features for 14274 Sampere Lane
General Information
Standard status
Active
Size
1,680 SF
Property subtype
MULTI FAMILY FOR SALE / Townhouse
Amenities
Central Air
Central
1
2
3
Asphalt
Pillar/Post/Pier
Vinyl Siding
Building Details
Year Built
2007
Listing Agency:
Monument Real Estate, LLC
(985) 969-3960
Listed By:
Trent Anthony · License #995707427
(985) 969-3960
Source:
Compass
Added: Jul 25, 2025
Changed: Aug 30
Last Checked: Aug 30 at 11:13AM
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 Monument Real Estate, LLC
Investment Insights
Based on property information with market context.
This Mobile Home & RV Park includes a tenant-occupied double-wide manufactured home built in 2007, along with two additional homesites that already contain residences. The property is divided between two parcels, creating a multi-site residential configuration. Each home has its own septic system, water supply, and electric meter.
The property is located on Sampere Lane in Tickfaw, with Hammond and Southeastern Louisiana University only a few minutes away. Existing tenants have expressed interest in remaining at the property, supporting continuity of occupancy across the homesites.
The property is located on Sampere Lane in Tickfaw, with Hammond and Southeastern Louisiana University only a few minutes away. Existing tenants have expressed interest in remaining at the property, supporting continuity of occupancy across the homesites.
Key Highlights
- 2007 double‑wide manufactured home is currently tenant occupied
- Two additional mobile home lots include homes already on site
- Property is divided into two parcels
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,986
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,720
$219.7K
Cap Rate 7%
$156,943
$156.9K
Cap Rate 9%
$122,067
$122.1K
Market Conditions
NOI Build-Up for 1,680 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.0K $13.08/SF
− Vacancy
−$2.0K −$1.19/SF
EGI
$20.0K $11.89/SF
− OpEx
−$9.0K −$5.35/SF
NOI
$11.0K $6.54/SF
Area
Tangipahoa County, LA
Vacancy
9.10%
Lease Rate
$13.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$219,720
Cap Rate 7%
$156,943
Cap Rate 9%
$122,067
Alternative Uses
Best Use
Apartment 5plus
$156.9K
$137.3K – $183.1K
NOI $10,986 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$463.1K
$405.2K – $540.3K
NOI $32,418 @ 7.0% cap · market cap 17.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Explore this area
Business Placement
Demographics for 70466, LA
8,856
Population
3,879
Households
2.3
Avg Household Size
36
Median Age
10%
College-Educated
65%
High-School Grad
34.3 sq mi
ZIP Area
258
Density / Sq Mi
$63,691
Median Household Income
$34,613
Median Earnings
$820
Median Rent
$174,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Three homesites, individual utilities, and an existing tenant provide an established residential income configuration.
Where is this mobile home & rv park located?
The property is located at 14274 Sampere Lane Tickfaw, LA.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: 2007 double‑wide manufactured home is currently tenant occupied; Two additional mobile home lots include homes already on site; Property is divided into two parcels
