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

44452 Braud St Sorrento, LA 70778

2.2 ac lot
Property ID
US36-0142124
Property summary
AI-generated overview

This exceptional investment opportunity presents an 18-unit mobile home park situated on a 2.2-acre lot in Sorrento, Louisiana (APN: 9152500). Located at 44452 Braud St, zip code 70778, this property offers complete ownership of both the land and all 18 mobile homes, providing substantial control over revenue streams. The park currently boasts a pro forma Net Operating Income (NOI) of $101,620.80, translating to a 10.99% capitalization rate (CAP rate). Detailed weekly revenue information is available upon request. Conveniently located approximately 3-4 minutes from Airline Hwy and Hwy 22 (John LeBlanc Blvd), the park benefits from easy access to major roadways and is ideally positioned near local chemical plants, providing a strong tenant base. Sorrento's increasingly restrictive regulations regarding new mobile home park development make this a rare and highly desirable asset. The existing infrastructure presents an opportunity for future income growth through potential upgrades, such as replacing current trailers with smaller, more efficient models to increase unit density. This turnkey operation offers a stable income stream and significant upside potential in a high-demand location. This is a rare chance to acquire a fully operational and stabilized mobile home park in a prime location.

Property profile
Verified
Property type Mobile home & RV parks
Lot 2.2 ac (95,832 SF)
UPID US36-0142124
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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