346 Bayou Blue Bypass Rd #52 Units, Gray, LA 70359
346 Bayou Blue Bypass Rd #52 Units, Gray, LA 70359
346 Bayou Blue Bypass Rd #52 Units, Gray, LA 70359
346 Bayou Blue Bypass Rd #52 Units, Gray, LA 70359
346 Bayou Blue Bypass Rd #52 Units, Gray, LA 70359
346 Bayou Blue Bypass Rd #52 Units, Gray, LA 70359
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$ 2,399,000
Est. payment | /mo

6 Acres Lot


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$ 2,399,000
Est. payment | /mo
Save

6 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Not A Subdivision

MLS Listing ID 2026011971

Lot Size 6.000 Acres

Property Sub-Type Commercial

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

County Lafourche

Interior

Heating Other

Cooling Other

Exterior

Exterior Feature None

Utilities Available Natural Gas Available

Roof Type Other

Private Pool false

Building

Foundation Slab

Water Other

Others

Acceptable Financing Cash, Conventional, Private Financing Available, Other

Listing Terms Cash, Conventional, Private Financing Available, Other

Special Listing Condition As Is

Listed by Century 21 Investment Realty

NEARBY SCHOOL & BUSINESS

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346 Bayou Blue Bypass Rd #52 Units