Looking to assign a turnkey park with upside in Pearl River LA. Park is in the New Orleans metro. 62 lots, all TOH. Lot rent $280 (Market rent $350) 100% occupancy. Walmart is 4 miles away. Mc Donalds is .2 miles away. 3 major interstates in the area (I10, I12 and I59) Price is $1.8 Mill (8% cap rate {we used a 35% expense ratio }) and assignment fee is $50,000. Great beginner park in a stable market.
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