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23774 JOE MAY RD Denham Springs, LA 70726
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Key Details
Sold Price $550,000
Property Type Mobile Home
Listing Status Sold
Purchase Type For Sale
Subdivision Rural Tract (No Subd)
MLS Listing ID 2024009001
Sold Date 12/17/24
Construction Status 06-10 Years
Lot Size 2.200 Acres
Lot Dimensions 160X600
Property Description
Turn-Key Investment Opportunity**: Experience the stability and eye-watering cash flow of this meticulously planned, 5-unit manufactured home park on 2.5 acres of prime land, located on highly desirable Joe May Road. Each of the 5 units feature concrete slabs and steps, individually subdivided lots with individually metered utilities, and individual metal storage buildings for added tenant convenience and owner income. The homes were purchased new in 2018 are very well-maintained, with all utilities currently paid by the owner. The park-like grounds are meticulously maintained, providing a lush and peaceful atmosphere. This investment opportunity generates strong ROI and is equipped to provides a stable source of income for years to come. Addresses are 23774, 23780, 23786, 23792, and 23798 Joe May Rd. The property is well-planned and located in Flood Zone X, eliminating the need for flood insurance. Conveniently located just minutes from Juban Crossing and I-12, it's an ideal investment for anyone looking to capitalize on this growing and attractive market.
Location
State LA
Parish Livingston
Area Liv Mls Area 83
Building
Construction Status 06-10 Years
Schools
School District Livingston Parish
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Bought with Craft Realty