114 Sandal St West Monroe, LA 71292

This exceptional 44-unit mobile home park in West Monroe, Louisiana, presents a compelling investment opportunity. Situated on 10.96 acres, including a 5-acre adjacent lot, the property boasts a strong 91% occupancy rate and a substantial net operating income (NOI) exceeding $140,000 annually, translating to an attractive 11% capitalization rate. All utilities are directly billed to residents, simplifying management. An on-site manager ensures smooth daily operations. Below-market rents offer immediate potential for increased profitability. The seller is open to discussions regarding the vacant land, potentially offering a right of first refusal for future development. This turnkey operation provides a stable income stream with significant upside potential for savvy investors seeking a high-yield, low-maintenance asset in a desirable Louisiana location. The property's paved roads and efficient management structure contribute to its overall appeal. This is a rare opportunity to acquire a well-maintained, high-performing mobile home park with significant growth potential.