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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

108 Peach Ln Belle Chasse, LA 70037

8.85 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 52-unit mobile home and RV park presents a compelling investment opportunity in Belle Chasse, Louisiana. Boasting a strong 95% occupancy rate and a substantial net operating income (NOI) of $203,294, this Class C property offers a compelling 10% capitalization rate at an asking price of $2,033,000. The park sits on a generous 8.85-acre lot and is fully tenant-owned, minimizing maintenance responsibilities. Recent upgrades include a complete sewer line replacement in 2023, ensuring long-term operational efficiency. A modern METRON meter system manages water, sewer, and trash services, streamlining operations and billing. The property also includes an additional spacious lot, presenting potential for future expansion and increased revenue. Its prime location in Belle Chasse, near the U.S. Naval Base and Louisiana Air National Guard, ensures high visibility and easy access. Furthermore, the area benefits from significant economic growth, including the recent announcement of a $46 million recycling facility at the Port of South Louisiana, projected to create 197 new jobs. The strong average household income within a one-mile radius, exceeding $110,632, underscores the robust demand and long-term stability of this investment. This turnkey operation offers a rare combination of high yield, low maintenance, and significant growth potential in a desirable location.

Property profile
Verified
Property type Mobile home & RV parks
Lot 8.85 ac (385,506 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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