319 Pink St West Monroe, LA 71292

This exceptional investment opportunity presents a portfolio of two mobile home parks located in West Monroe, Louisiana. The portfolio comprises 35 units situated on two separate properties at 319 Pink St and 235 Lilac St, both in Ouachita Parish, zip code 71292. Currently operating at 66% occupancy, the parks generate over $90,000 in annual income, benefiting from directly billed city utilities. The asking price is $825,000, representing an attractive 11% capitalization rate. A significant advantage is the availability of owner financing, making this an accessible entry point for investors. While some pads are currently vacant, the below-market rents present a clear path to increased profitability through rental adjustments. This portfolio offers a compelling combination of immediate income and significant upside potential for a savvy investor seeking a strong return on investment in the Louisiana market. The properties are conveniently located in West Monroe, LA.