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6 Unit Mobile Home Development

43451 Cannon Road, Saint Amant, LA 70737

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Overview

*** DO NOT DISTURB TENANTS! DO NOT WALK PROPERTY! ***Turn-Key Investment Opportunity Fully Occupied: Experience the stability and eye-watering cash flow of this meticulously planned, 6-unit manufactured home park on 3.31 acres of prime land, located in highly desirable Ascension Parish. Each of the 6 units feature concrete slabs and steps, individually subdivided lots with individually metered utilities and Mo-Dad systems, single carport, open brick paver patio in rear, city water to each home and fire hydrant - no water wells. All homes were purchased new in 2021 are very well-maintained with utilities and lawn being maintained by tenants. This investment opportunity generates strong ROI and is equipped to provides a stable source of income for years to come. Addresses are 43451 Cannon, 12523 Hebert,12499 Hebert, 12507 Hebert, 12493 Hebert and 12487 Hebert. The property is well-planned and currently being professionally property managed. An ideal investment for anyone looking to capitalize on this growing and attractive market.

For Sale

Multifamily
Sale Price
$999,900
Price Per SF
$154.3/SF
Cap Rate
8.46%
Building Size
6,480 SF
Acres
3.31 ac
Zoning
Rural
Gross Income
$98,808
NOI
$84,611
Sale Terms
Cash, Financed
Showing
See Notes
# of Buildings
6
Floors
1
Year Built
2021
Parking Spaces
12
Submarket
LACDB - 91
Property Status
Existing
Lot Size
518' x 277'
Yard
Yes
Power Provider
City - Demco
Water Provider
City - Baton Rouge Water
Sewer Provider
Private - MoDad
Fiber Optic Provider
MUD - REV
Parish
Ascension
Available
05/20/2025
Listed
05/20/2025
Updated
05/20/2025
Listing ID
25e6b366
Parcel APN
8734000