Courtesy: KW Commercial Baton Rouge
225-768-1800
Exceptional investment opportunity — Mobile Home Park with 18 park-owned units. 15 homes built in 2017 or later — each leased at $1,300/month. 3 older models — each leased at $600+/-/month. Consistently maintains 100% occupancy. Owner pays water & sewer; tenants pay electricity. Located in Flood Zone X (low flood risk). 10.2% CAP Rate. 2 Acres. 18 Units. Well-Maintained Property. Expansion potential on adjacent property. Strong performer with a 11.5% CAP rate and $254,950 gross annual income.
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Denham Springs is located in Louisiana. Denham Springs, Louisiana has a population of 9,389. Denham Springs is less family-centric than the surrounding county with 24.76% of the households containing married families with children. The county average for households married with children is 32.04%.
The median household income in Denham Springs, Louisiana is $79,646. The median household income for the surrounding county is $71,547 compared to the national median of $69,021. The median age of people living in Denham Springs is 36.4 years.
The average high temperature in July is 91.7 degrees, with an average low temperature in January of 40 degrees. The average rainfall is approximately 63.2 inches per year, with 0.1 inches of snow per year.
