Commercial Property of the Week, sponsored by Elifin Realty: Cash-flowing 32-unit mobile home park

Twin Oaks Mobile Home Park is a 32-unit mobile home park in Denham Springs. All mobile homes are tenant-owned, leaving no maintenance or utilities expense on the landlord. The property is a very passive investment, has extremely low turnover, and sits just west of Highway 16 (Range Avenue) on Old River Road (Highway 1028). Residents enter via a driveway from Old River Road and use a circle drive to access units. Current occupancy rate is 97% and the net operating income of the property is $97,080. Call Mark Segalla at 225.659.8656. View the listing here.