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$ 2,399,000
Est. payment /mo
Active
346 Bayou Blue Bypass Rd #52 Units Gray, LA 70359
6 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID BR2026011971
Lot Size 6.000 Acres
Acres 6.0
Property Sub-Type Business
Property Description
Lady Bug Trailer Park is a 52 unit mobile home park investment opportunity located at 102 Lady Bug Lane in Gray, Louisiana within the Houma/Thibodaux market. Situated on approximately 6 acres, the park was developed by the current ownership and features concrete interior roads, established infrastructure, and stable in place income. The property is currently operating at approximately 90% occupancy and includes an on-site laundry facility, 10 park-owned mobile homes, and 16 park-owned RVs, all included in the sale, creating multiple income streams beyond traditional lot rents. Based on current ownership financials, the property is operating at approximately a 10% cap rate. Mobile home park demand in the Houma/Thibodaux market continues to benefit from workforce and industrial employment in the region. Current rents remain below many comparable parks in the area, where stabilized communities have reportedly achieved lot rents ranging from approximately $400 to $500 per month depending on infrastructure and tenant profile, creating additional upside potential for future ownership. With strong cash flow, park owned homes, and future rent growth potential, Lady Bug Trailer Park presents an attractive value add investment opportunity in South Louisiana.
Location
State LA
Interior
Heating Other
Cooling Other
Exterior
Exterior Feature None
Parking Features Concrete
Roof Type Other
Garage false
Building
Foundation Slab
Others
Tax ID 0110831800 & 0110831900
Acceptable Financing Cash, Conventional, Other, Private Financing Available
Listing Terms Cash, Conventional, Other, Private Financing Available
Listed by Century 21 Investment Realty