1959 PRAIRIE ROAD , Monroe, LA 71202(Ouachita Parish)

Investment opportunity with room to grow! This 6.5+ acre park has been well looked after and is now looking for a new owner. Looking for a park to house hack? Live in the well kept, 15 year old 3/2 double-wide in the back (the previous owners residence) equipped with a shop and 3-car carport and rent to front of the park. OR rent out the double-wide and expand the current layout. This park has 14 rented lots, with the possibly to rent at least 4 more spaces (1 is the previous owner's double-wide, 1 is the previous owner's family member's lot, 1 has an abandoned mobile and rented and 1 is a shell that can be removed and rented). The carport could also be removed for more space. The abandoned mobile home can be claimed, repaired and rented, in addition to renting the previous owners double-wide in the back. The park has been permitted for 33 spots and the right of the mobile home park hasn't been developed yet. It is currently green space with a sitting pavilion. The park brings in $3,130 monthly (each lot rents for $220/mo, with the exception of a double-wide renting for $250/mo). Trash is $250/month. Oxidation pond testing is $150/ quarter. Property tax is currently $871/ year. Water ranges $700-1000/ month. There is a tenant that doesn't pay rent who collects rent and pays the trash company. The family member mows the property for $350/mo. The park nets roughly $1,500/mo depending on water and/or late fees. Tenants have been here for 10+ years.