52-Unit Mobile Home and RV
For Sale
$2,399,000
346 Bayou Blue Bypass Rd, Gray, LA 70359
Income-producing park with concrete interior roads, on-site laundry, park-owned homes, and RVs.
Property Size1 SF
Lot Size6.00 Acres
Price / SF$2,399,000
Days on Market116
Property Features for 346 Bayou Blue Bypass Rd
General Information
Standard status
Active
Size
1 SF
Lot size
6.00 Acres
Property subtype
Multifamily
Occupancy
90%
Additional Details
Cap Rate
10%
Amenities
on-site laundry
Power
Water
Sewer
Listing Agency:
Century 21 Investment Realty
(225) 291-2121
Listed By:
Travis Thornton · License #0995697813
(225) 291-2121
Source:
Lacdb.resimplifi
Added: May 7
Changed: Aug 30
Last Checked: Aug 30 at 1:39PM
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 Century 21 Investment Realty
Investment Insights
Based on property information with market context.
This 52-unit mobile home and RV park occupies approximately 6 acres and includes concrete interior roads, established infrastructure, and an on-site laundry facility. The property includes 10 park-owned mobile homes and 16 park-owned RVs, providing income sources beyond traditional lot rentals. Current operations reflect approximately 90% occupancy, and the community was developed by the current ownership.
Based on current ownership financials, the property operates at approximately a 10% cap rate. The asset is situated within the Houma/Thibodaux market in South Louisiana, an area described in the source information as benefiting from workforce and industrial employment. Existing improvements, operational occupancy, and included park-owned units provide a defined operating platform for continued ownership.
Based on current ownership financials, the property operates at approximately a 10% cap rate. The asset is situated within the Houma/Thibodaux market in South Louisiana, an area described in the source information as benefiting from workforce and industrial employment. Existing improvements, operational occupancy, and included park-owned units provide a defined operating platform for continued ownership.
Key Highlights
- 52‑unit mobile home and RV park on approximately 6 acres
- Approximately 90% occupancy
- 10 park‑owned mobile homes included in the sale
Property Analytics
Property Profile
Current Use
Lease Details
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Explore this area
Business Placement
Demographics for 70359, LA
9,591
Population
3,768
Households
2.5
Avg Household Size
35
Median Age
14%
College-Educated
82%
High-School Grad
14.4 sq mi
ZIP Area
666
Density / Sq Mi
$54,139
Median Household Income
$33,058
Median Earnings
$1,119
Median Rent
$161,300
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 - Income-producing park with concrete interior roads, on-site laundry, park-owned homes, and RVs.
Where is this mobile home & rv park located?
The property is located at 346 Bayou Blue Bypass Rd Gray, LA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: 52‑unit mobile home and RV park on approximately 6 acres; Approximately 90% occupancy; 10 park‑owned mobile homes included in the sale
