Off-market 100+ rv park near baton rouge, louisiana for sale — $5.3mm (20 acres cleared)

mobile home university
1

Below is some of the details about the park. If you’re interested, I can send you more information about the park.

RV PARK

• LOCATION: Iberville Parish, Louisiana
• ACREAGE: 20 (Cleared)
•OCCUPANCY: 45%
•PERMIT STATUS: Permanent
•TRANSFERABLE PERMIT: Yes
•NUMBER OF PADS: 105
•LOT RENT: $675/month
• City Water/Sewage Plant (Treated and Tested regularly)

•PRICE: $5.3MM

2

Even at 100% occupancy, this park is a ~6.4% cap. Who’d buy this at 20% occupancy, do all the work for $0?