24-Site Mobile Home Park + 12 Site Expansion | $206K NOI | Gonzales, LA

Family Court Mobile Home Park is a 24-site mobile home community located at 43083 Weber City Road in Gonzales, Louisiana, within Ascension Parish. The area sits between Baton Rouge and New Orleans and benefits from strong workforce housing demand driven by the Mississippi River industrial corridor and surrounding petrochemical and manufacturing facilities.

The park generates income from lot rents, park-owned homes, and owner-financed homes and produces $275,104 in annual gross income and $206,951 in net operating income, reflecting a 12.2% cap rate at the $1,699,999 asking price. Operating expenses remain low at roughly 25% of gross income, supporting strong cash flow.

The park also offers future upside with plans for 12 additional mobile home sites ready for permitting. Current lot rents are $525 per month, and the additional sites would provide meaningful revenue growth once developed.

Financials, rent roll available upon request.

Highlights

• 12.2% Cap Rate at $1,699,999 asking price

• Net Operating Income: $206,951

• Annual Gross Income: $275,104

• 24-site mobile home park located in Gonzales, Louisiana

• Low Expense Ratio: ~25%

• Multiple Income Streams: lot rents, park-owned homes, and owner-financed homes

• Located in Ascension Parish, one of Louisiana’s fastest-growing regions

• Convenient access to Interstate 10 and the Mississippi River industrial corridor


Expansion Opportunity

• 12 additional mobile home sites planned with sites ready for permitting

• Current Lot Rent: $525 per month

• Projected Additional Revenue: $75,600 annually

• Estimated Additional NOI: $56,700 annually

• Pro Forma NOI After Expansion: $263,651