24715 Walker Rd Walker, LA 70785
- Commercial real estate
- 2.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 24715 Walker Rd
- Lot size
- 2.20 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a well-established mobile home park situated on a spacious 2.2-acre lot at 24715 WALKER SOUTH Road, Walker, LA. Currently housing 13 mobile homes, each occupied by long-term tenants, this property boasts a remarkable 90-100% occupancy rate, ensuring a consistent income stream. The park enjoys a strong sense of community and a peaceful atmosphere, making it an attractive and stable investment. All mobile homes have undergone recent renovations, eliminating the need for immediate capital expenditures. The seller has diligently maintained the property and implemented numerous improvements, ensuring a smooth transition for the new owner. This turnkey business is offered at $995,000, presenting a compelling return on investment with a calculated capitalization rate of 8.64%. Financial records are available upon request to qualified buyers to verify the strong financial performance and consistent cash flow. The property's location in Walker, LA, offers convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a profitable and well-maintained mobile home park with a proven track record of success. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walker
- County
- Livingston
- State
- Louisiana
- Longitude
- -90.8623
- Latitude
- 30.4594
