Mobile Homes on
44309 Marie Drive Hammond, LA 70403
44309 Marie Drive, Hammond, LA, 70403
$99,000
For Sale
$99,000
Two mobile homes on a 1.5-acre lot.
Property Size1,280 SF
Lot Size1.50 Acres
Price / SF$77.34
Days on Market311
Property Features for 44309 Marie Drive
General Information
- Standard status
- Active
- Size
- 1,280 SF
- Lot size
- 1.50 Acres
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Listing Agency
Crescent Sotheby's International Realty
(985) 974-4400
Listed by
Kelly Cox · License #000076191
(985) 974-4400
Source
Compass
Added: Sep 10, 2025 Checked: Jul 17 at 3:59 am
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 Crescent Sotheby's International Realty
Investment Insights
Based on property information with market context.
This property features two mobile homes situated on a 1.5-acre lot, presenting an investment opportunity. One mobile home, built in 1996, measures 16 x 80 and includes three bedrooms and two bathrooms. The other mobile home, built in 1986, measures 14 x 70 and contains two bedrooms and two bathrooms. The 1996 mobile home was previously rented for $870. The 1986 mobile home was previously rented for $750 and needs some TLC but has lots of potential.
Key Highlights
- Investment property featuring two mobile homes on a spacious 1.5‑acre lot.
- Includes a 3‑bedroom, 2‑bath mobile home (1996, 16 x 80).
- Second mobile home is a 2‑bedroom, 2‑bath (1986, 14 x 70) with potential.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.7k | $13.08 |
| − Vacancy | −$1.5k | −$1.19 |
| EGI | $15.2k | $11.89 |
| − OpEx | −$6.8k | −$5.35 |
| NOI | $8.4k | $6.54 |
1,280 SF · lease $13.08/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$119.6K
$104.6K – $139.5K
NOI $8,370 @ 7.0% cap · market cap 8.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.9K
$308.8K – $411.7K
NOI $24,700 @ 7.0% cap · market cap 24.95%
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 ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Two mobile homes on a 1.5-acre lot.
Where is this mobile home & rv park located?
The property is located at 44309 Marie Drive Hammond, LA.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Investment property featuring two mobile homes on a spacious 1.5‑acre lot.; Includes a **3‑bedroom, 2‑bath mobile home (1996, 16 x 80)**.; Second mobile home is a 2‑bedroom, 2‑bath (1986, 14 x 70) with potential.
