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24396 LA-16

24396 LA-16, Denham Springs, LA 70726

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Overview

Turnkey 8-lot mobile home portfolio featuring fully occupied, individually metered units across two Livingston Parish locations: 24396 LA Hwy 16 (5 lots) in Denham Springs and 30500 Lee Drive (3 lots) in Walker. All homes range from 2004–2015 models and have benefited from continual upgrades including new roofs, new flooring and new A/C units (2023–2025). Each home rents for approximately $1,500/month all-inclusive, providing strong, stable cash flow with minimal management. City sewer (Hwy 16) and Mo-Dad septic (Lee Dr) systems, plus separate meters and low insurance costs make this a low-maintenance, high-yield investment positioned in two growing suburban markets just east of Baton Rouge.

  • Portfolio Size: 8 total lots across two stabilized locations — Denham Springs (5 lots) and Walker (3 lots)
  • Occupancy: 100% leased with long-term tenants in place
  • Rental Income: Average rent of $1,500/month per home (all-inclusive), generating strong, consistent cash flow
  • Individually Metered: Electric separately metered for all homes
  • Recent Capital Improvements:
    • New roofs installed on 4 Denham Springs homes (Oct 2025)
    • Multiple new A/C units (2023–2025)
    • New flooring in most units
  • Home Vintage: 2004–2015 model homes, all on concrete pads
  • Utilities:
    • Denham Springs: City sewer (single main line)
    • Walker: Mo-Dad septic system
  • Additional Features: Two storage sheds (one powered) and a covered 32’ RV pad with full hookups
  • Market Advantage: Located in growing Livingston Parish markets with strong workforce housing demand and limited supply
  • Investment Profile: Turnkey, stabilized portfolio with durable income, minimal management, and steady appreciation potential

For Sale

Multifamily

Secondary Uses: Mobile Home Park

Sale Price
$975,000
Price Per SF
$95.2/SF
Building Size
10,240 SF
Acres
3.4 ac
Submarket
Denham Springs, LA
Nearest MSA
Baton Rouge, LA
Total Units
8
Laundry
In Each Unit
Power Provider
Entergy
County
Livingston Parish
Available
10/30/2025
Created
10/30/2025
Updated
10/30/2025
Listing ID
b2fd6d03
Parcel APN
0201582