Active
Sale
Land
Mobile Home Park

Happy Acres Trailer Park

49123 U.S. 51, Tickfaw, LA 70466

For Sale

$589,000

$4.44/SF

Price Per Acre
$193,495.40/ac
Cap Rate
10.91%%
Lot Size
3.044 ac
Parish
Tangipahoa
Days on Market
820
Listed
07/03/2024
Updated
07/05/2024

Overview

Excellent opportunity for investment - park is at 80% capacity with 13 rentals and 3 vacancies and generates $73,740.00 per year. Park is permitted for 18 rentals with possible expansion of up to 27 units - call agent for details. Utility number above for water includes annual electric costs as well

Additional Information

City
Tickfaw
State
LA
Zip Code
70466
Secondary Uses
Mobile Home Park
Gross Income
$73,740
NOI
$64,275
Sale Terms
cash at act of sale
Submarket
LACDB - 85
Water Provider
MUD - Tangipahoa
Parcel APN
3376109
Listing ID
41f87509

Parcel & Location