108 Peach Ln Belle Chasse, LA 70037
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.