Attention Investors

Business Opportunity for Sale
Catylist Listing ID: 30729169
Property Subtypes: Real Estate
Building Size (RSF): 999 SF
Gross Land Area: 49,898 SF
Sale Price: $282,000
Gross Revenue: $32,400 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: All Cash to Seller. Group of properties includes 5 residential lots, 3 with mobile homes each presently leased a t(2) $850.00 and (1) at $800.00 per month. Price is not negotiable.
Last Updated: 3/15/2023

Overview / Comments

This is a unique development in Mandeville, LA in an excellent school district. Presently being offered are (3) mobile homes. Each home sits on a 50 x 150 lot. There are (2) additional lots for development on Louvoi Street directly behind the (3) properties included in this group. The two vacant lots are each 51.5 x 266 or could be combined for a 103 x 266 lot.

All of the mobile homes are presently leased (2) are leased for $850.00 per month. The other (1) is leased for $800.00 per month. The mobile homes are on piers with skirting. Each home has central air and heat. This location is outside of the city limits. They are all on individual well water and septic tanks.

Price is not negotiable.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Industry Segment: Other Real Estate
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,406 29,398 47,998
Median Age: 37.56 39.22 40.27
Households: 2,696 10,856 17,825


Photograph of Listing Agent

Terrie Hughes

KPG Realty, LLC Covington, LA 70433
LACDB Member
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