24-Site Mobile Home
For Sale
Contact for pricing
Pending
43083 Weber City Rd, Gonzales, LA 70737
Mobile home park in Gonzales, Louisiana with expansion potential.
Property SizeContact for details
Days on Market161
Property Features for 43083 Weber City Rd
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Investment Type
Value Add
Net Operating Income
$206,951
Building Details
Buildings
1
Units
24
Listing Agency:
G R B Real Estate, Inc
(225) 268-8639
Listed By:
gary binns · License #La#71391
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 11 at 1:45PM
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 G R B Real Estate, Inc
Investment Insights
Based on property information with market context.
Family Court Mobile Home Park is a 24-site mobile home community located in Gonzales, Louisiana. Situated within Ascension Parish, the property benefits from its location between Baton Rouge and New Orleans. The area experiences strong workforce housing demand due to the Mississippi River industrial corridor and surrounding petrochemical and manufacturing facilities. The park generates income from lot rents, park-owned homes, and owner-financed homes. The property produces $275,104 in annual gross income and $206,951 in net operating income. Operating expenses remain low, at roughly 25% of gross income, supporting strong cash flow. The park also offers future upside with plans for 12 additional mobile home sites ready for permitting. Current lot rents are $525 per month, and the additional sites would provide meaningful revenue growth once developed. The asking price is $1,699,999, reflecting a 12.2% cap rate.
Key Highlights
- High Cap Rate: Boasting a 12.2% cap rate.
- Strong Cash Flow: Low operating expenses support strong cash flow.
- Expansion Potential: Plans for 12 additional mobile home sites ready for permitting.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 70737, LA
47,332
Population
20,720
Households
2.3
Avg Household Size
36
Median Age
26%
College-Educated
86%
High-School Grad
54.0 sq mi
ZIP Area
877
Density / Sq Mi
$80,758
Median Household Income
$51,444
Median Earnings
$1,533
Median Rent
$252,600
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 - Mobile home park in Gonzales, Louisiana with expansion potential.
Where is this mobile home & rv park located?
The property is located at 43083 Weber City Rd Gonzales, LA.
What is the asking price?
The asking price for this property is $1,699,999.
What are key features of this property?
This property features: High Cap Rate: Boasting a 12.2% cap rate.; Strong Cash Flow: Low operating expenses support strong cash flow.; Expansion Potential: Plans for 12 additional mobile home sites ready for permitting.
