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Mobile Home Park Investment

42553 Highway 42 Prairieville, LA 70769

42553 Highway 42, Prairieville, LA, 70769

$3,000,000

For Sale

$3,000,000

Mobile home park with 27 park-owned homes and 3 lot rentals.

Property Size34,200 SF

Price / SF$87.72

AddedApr 22

Days on Market84

Last RefreshJul 5 at 7:56 am

Property Features for 42553 Highway 42

General Information

Standard status: Active
Size: 34,200 SF
Property subtype: MULTI FAMILY FOR SALE / Townhouse

Listing office KW Commercial Baton Rouge

Listing date Apr 22, 2026

Source Compass

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 KW Commercial Baton Rouge

Investment Insights

Based on property information with market context.

This mobile home park features 27 park-owned homes and 3 lot rentals. The property is located within the Ascension Parish School District. The park reports strong occupancy. City maintained roads provide access. City water and sewer services are available. The reported scheduled gross income is $413,904. Model homes from 2018 are described as being in like-new condition. The property size is 34,200 square feet.

Key Highlights

Strong cash‑flow investment opportunity with reported scheduled gross income of $413,904
27 park‑owned homes plus 3 lot rentals
Located in the desirable Ascension Parish School District

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$357.0k	$10.44
− Vacancy	−$71.1k	−$2.08
EGI	$286.0k	$8.36
− OpEx	−$128.7k	−$3.76
NOI	$157.3k	$4.60

34,200 SF · lease $10.44/SF/yr · vacancy 19.90% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$2.25M

$1.97M – $2.62M (±1% cap)

NOI $157,297 @ 7.0% cap · market cap 5.24%

Second Best

—

no second resolved use

Theoretical Best

Office A

$7.50M

$6.57M – $8.76M (±1% cap)

NOI $525,312 @ 7.0% cap · market cap 17.51%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

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For sale
Mobile home & RV parks
LA
Prairieville
70769
42553 Highway 42

What type of property is this?

Mobile home & RV park - Mobile home park with 27 park-owned homes and 3 lot rentals.

Where is this mobile home & rv park located?

The property is located at 42553 Highway 42 Prairieville, LA.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: Strong cash‑flow investment opportunity with reported scheduled gross income of $413,904; 27 park‑owned homes plus 3 lot rentals; Located in the desirable Ascension Parish School District