609,840 Square Foot Multi-Family Space For Sale @ 1170 Montgomery Rd

This is a great opportunity for the mobile home park investor who wants room to grow and expansion opportunities. This nicely shaped, 14 acre tract of land in a wonderful residential area in Opelousas, LA currently has 8 park owned mobile homes situated on roughly 3 acres with an additional 11 acres ready and open for development of a much larger park. The mobile homes are on city water (Lewisberg) and Slemco electricity and each lot is individually metered. Sewer is individual Septic tanks for each home.

Expenses are fairly low as tenants pay for water, electricity and grass cutting. Owner pays for Property Taxes ($540~/year), Insurance and any repair/maintenance items. Trash is paid through property taxes in St Landry Parish which boosts your NOI! All mobile homes are either 2 or 3 bedroom and each rents for $500/month ($4,000 monthly total) which is lower than market rents.

No flood zone. The property is located in a great residential area of Opelousas and is located only minutes from I-49 and the Harry Guilbeau exit.