1480 Joe Miller Road Lake Charles, LA 70611

Mobile Home MLS #: SWL24004577 Courtesy Of RE/MAX ONE

Property InformationDescription

Discover a prime investment opportunity with this well-established trailer park for sale.

Situated in a desirable location, this park features a mix of spacious lots, including 2

houses, 4 trailers, 2 duplexes, 1 TOH, and 2 vacant lots, totaling 11 units. The park

boasts a solid infrastructure with updated state and parish sewer permits.

Currently, rents are at close to 85% of the market rate, providing a clear path for

increased revenue by bringing them up to the market standard. With 90% occupancy,

the park grossed $72,366 in 2023, demonstrating strong income potential even with

below-market rents. The easy-to-manage layout and close proximity to Highway 171

make this an attractive option for both seasoned investors and those new to property

management.

There is also potential to increase profitability by introducing charges for lawn services

and water, adding new revenue streams to further enhance returns. Additionally, there's

ample room for value enhancement by upgrading the paved roads and infilling the

vacant lots. This park presents a unique opportunity to maximize returns through

strategic improvements and rent adjustments. Don t miss out on this promising

investment in a thriving community.

Features

  • Amenities: Dock
  • Architecture Style: Other
  • Legal Description: See Attached in Supplements
  • MLSID: SWL24004577

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1480 Joe Miller Road, Lake Charles, LA 70611
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