44452 Braud St Sorrento, LA 70778
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.
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.