5
See all 5 photos
$1,850,000
Est. payment /mo
243,679 SqFt
New
1033 LEBLANC DR Breaux Bridge, LA 70517
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Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 243,679 sqft
Price per Sqft $7
MLS Listing ID 2580899
Style Other
Construction Status Very Good Condition
HOA Y/N No
Year Built 1996
Property Sub-Type Other
Property Description
Investment opportunity to acquire a stabilized 34-site mobile home community located at 1033 Leblanc Drive in Henderson, Louisiana. Cajun Trace MHC is currently 100% occupied with zero park-owned homes, offering a straightforward lot-rental model with minimal exposure to home maintenance, repairs, and turnover costs. Current lot rents are $400 per month, providing an established and consistent income stream.
One of the property's strongest investment features is its exceptionally low operating expense structure. Water, sewer, and trash services are direct-billed by the city to each tenant, eliminating these utility costs and associated collection responsibilities from property-level operations. Combined with zero park-owned homes, the community has virtually no true recurring property-level operating expenses, creating a highly efficient ownership and management structure.
The property features paved interior roads, off-street parking, and is situated in Flood Zone AE.
With 34 occupied sites, zero park-owned homes, tenant-paid utilities, paved infrastructure, and minimal recurring operating expenses, Cajun Trace MHC offers investors a stabilized, low-maintenance community with a simple operating model and strong existing income stream.
One of the property's strongest investment features is its exceptionally low operating expense structure. Water, sewer, and trash services are direct-billed by the city to each tenant, eliminating these utility costs and associated collection responsibilities from property-level operations. Combined with zero park-owned homes, the community has virtually no true recurring property-level operating expenses, creating a highly efficient ownership and management structure.
The property features paved interior roads, off-street parking, and is situated in Flood Zone AE.
With 34 occupied sites, zero park-owned homes, tenant-paid utilities, paved infrastructure, and minimal recurring operating expenses, Cajun Trace MHC offers investors a stabilized, low-maintenance community with a simple operating model and strong existing income stream.
Location
State LA
County St. Martin
Interior
Heating Other
Cooling Other
Fireplace No
Exterior
Parking Features Driveway, Two Spaces
Water Access Desc Public
Roof Type Other
Building
Lot Description City Lot, Oversized Lot
Entry Level One
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories One
Construction Status Very Good Condition
Others
Special Listing Condition None
Listed by Elite Real Estate Advisors