Prairieville, LA 70769,41149 HIGHWAY 42 Highway
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Prairieville, LA 70769,41149 HIGHWAY 42 Highway
Prairieville, LA 70769,41149 HIGHWAY 42 Highway
Prairieville, LA 70769,41149 HIGHWAY 42 Highway
Prairieville, LA 70769,41149 HIGHWAY 42 Highway

$900,000

Est. payment /mo

$1,500,000

40.0%
Est.Price: ?

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41149 HIGHWAY 42 Highway Prairieville, LA 70769

1 SqFt

SOLD DATE : 12/16/2024

Key Details

Sold Price $900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $900,000

Subdivision Galvez

MLS Listing ID 2024018242

Sold Date 12/16/24

Lot Size 5.620 Acres

Lot Dimensions 5.62 Acres

Property Description

Discover a lucrative investment opportunity with this well-established 30-lot mobile home park located in the desirable Prairieville, LA. Nestled in a community renowned for its top-rated schools, this mobile home park offers consistent cash flow and a strong rental history, making it a stable income source for investors. The park owns 7 of the mobile homes, which will be conveyed with the property at no value and without warranty. Although the park has room for an additional 15 lots, it is important to note that these are not currently approved by the parish. While approval is possible, it must be presented to the planning commission in a public hearing. The new owner may be required to bring the entire park up to current code and standards in order to approve the additional lots. Each lot is spacious and provides ample room for mobile homes, ensuring high demand from prospective tenants. The park features a septic tank every two lots and an oxidation pond in the rear. According to the parish, the current sewage system's sale will not necessarily require any revisions to the sewer permit. However, all sewer plants, modifications, and related systems must be maintained and comply with their LDH discharge permit each year prior to park license renewal. Please note that this property is being sold as-is, with no owner financing available. Don't miss out on this exceptional investment opportunity in a thriving area—secure your future with this profitable mobile home park today! *****Please be advised that no one is to communicate with the park tenants regarding the sale of the mobile home park. All inquiries and communications must go through the listing agent. It is crucial to maintain a high level of confidentiality throughout this process. Thank you for your cooperation*****

Location

State LA

Parish Ascension

Area Asc Mls Area 90

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Listed by Engel & Volkers Baton Rouge
Bought with Engel & Volkers Baton Rouge
agent

Tyler Terrebonne

Advisor | License ID: SALE.995707786

+1(225) 341-0081

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