Mobile Home Park Complex

Location: United States -> Louisiana -> Baton Rouge
Industry: Hotels and Holiday Accommodation > Camping and Parks

Very large established mobile home park for sale has been in business for many years. Park sits on about 10 acres with about 800 ft of frontage on a very high traffic 4 lane highway. Park has park-owned trailers which are rented for $200 per week. Sale also includes a nice size convenience store with unbranded gas and beer. Hard liquor, and cigarettes could be added. Also, a 2-bay coin-op carwash and 2 two-story commercial buildings one of which has an apartment on the 2nd floor are on the complex. Also included is a Laundromat with 20 washers and 10 dryers.

Park is located in a large fast growing suburb just outside of Baton Rouge, Louisiana, a large metropolitan city with all the amenities. Park is just a very short drive to Baton Rouge. Seller is ready to retire and motivated to sell. This operation is a real ”cash cow”. Sit back, relax, and ”milk it” on a regular basis. Mobile home parks of this magnitude and profitability are hard to find. This one won’t last long. Act fast! Come see, meet the seller, make offer.

Financials

Asking Price Range: $1.0M – $2.5M
Gross Revenues: $800,000
Cash Flow: $500,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $108,000
Seller Financing: Not Disclosed

About The Business

Year Established: 1989
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale

About The Sale

Management Training and Support: Available.
Reason For Selling: Retirement.