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$775,000
-- Bed
-- Bath
--sqft
1110 Walton St, New Iberia, LA 70560
$775,000
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Manufactured Mobile Home
Built in -
$-- HOA
3.16 acres lot
--/sqft
Description
28-Lot Mobile Home Park Investment Opportunity | New IberiaStrong value-add mobile home park opportunity in New Iberia featuring 28 lots, solid in-place cash flow, and an estimated cap rate of approximately 10%.This asset offers immediate income with additional upside through expansion. Included in the sale is an additional parcel with the potential to support approximately 10-20 additional mobile homes, subject to subdivision and development plans. A house is also included in the sale and is being assigned no value.With most homes being tenant-owned, the park benefits from a lower-maintenance operating model while still including some park-owned homes for added income po...
Continue Reading- Houzeo last checked: 11 Hours ago
- Listing updated: May 27, 2026 at 2:29 pm
- Listing Provided by: Terrica Smith , Attiya Smith | Gateway Realty, Inc. (337) 981-4595
- Source: REALTOR® Association of Acadiana (Lafayette) MLS-LA | MLS#: 2600000164
Property Details
Status
Active
Type
Manufactured Mobile Home
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
3.16 acres lot
Basement Area
- sqft
MLS Name
REALTOR® Association of Acadiana (Lafayette) MLS
MLS Number
2600000164
MLS Status
Active
Days on Market
128
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