Investment Opportunity: Prescott Place Mobile Home Community

7100 Prescott Rd, Baton Rouge, LA 70812

  • For Sale $2,650,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 74
  • Lot Size 6.77 Acre
  • Date Updated Jan 22, 2024
-Prescott Place is a brand new 71 space mobile home park development completed early 2023. Improvements to the property included: new plumbing, new electrical, fully fenced in and secured, updated roadways. Lease up began in middle of 2023 and expected to be at stabilization by Q1 of 2024. All lot rentals with no maintenance headaches on Landlord. Electric bill is paid directly by tenant, water is paid through the landlord with a $50/month water credit paid by tenant. Discounted sale price for buyer to acquire prior to stabilization. The community is located at the highly traveled Airline Hwy / Prescott Rd intersection (±48,646 daily traffic) – capitalize on this visibility to draw tenants and fully lease the property. The community is fully fenced and has RFID access gates at the entrances. ***To access the FINANCIALS (rent roll, income, expense, etc.), please click “Access Privileged Documents” above. From there, you’ll be able to login, sign the Confidentiality Agreement electronically, and access all of the available information. If you don’t already have an account, you can create one for free.***

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Recently renovated community
  • Currently around 70% occupancy, expected stabilization within 6 months
  • Significant upgrades under current ownership
  • Situated at highly traveled Airline Hwy / Prescott Rd intersection

Contacts

broker

Mark Segalla

ELIFIN®

(225) 505-4349

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Victoria Farms
  • Zip Code 70812
  • Market Baton Rouge

Points of Interest

  • RaceTrac

    1.72 miles

  • Murphy USA

    2.65 miles

  • RaceTrac

    3.07 miles

  • ChargePoint

    3.87 miles

  • Valero

    4.38 miles

  • Chevron

    4.63 miles

  • Green Park

    4.66 miles

  • Circle K

    4.75 miles

  • Tesla Supercharger 3B

    4.89 miles

  • Tesla Supercharger 3A

    4.89 miles

  • Bon Carre Parking

    2.21 miles

  • Parkhaus

    3.36 miles

  • Insurance Building Parking

    4.49 miles

  • Claiborne Garage

    4.54 miles

  • State Capitol Northwest Lot

    4.57 miles

  • Galvez Garage

    4.66 miles

  • LaSalle Garage

    4.84 miles

  • State Welcome Center Parking Garage

    4.86 miles

  • East River Center Parking Garage

    5.07 miles

  • West River Center Parking Garage

    5.11 miles

  • The Shades Motel

    2.06 miles

  • SureStay Plus Hotel by Best Western Baton Rouge

    2.16 miles

  • Value Place Baton Rouge (North)

    2.20 miles

  • Alamo Plaza Motel

    2.99 miles

  • SpringHill Suites by Marriott Baton Rouge North/Airport

    3.14 miles

  • Days Inn by Wyndham Baton Rouge Airport

    3.17 miles

  • Microtel Inn & Suites by Wyndham Baton Rouge Airport

    3.19 miles

  • Hilton Garden Inn Baton Rouge Airport

    3.22 miles

  • Comfort Inn & Suites Airport

    3.91 miles

  • Residence Inn by Marriott Baton Rouge Towne Center at Cedar Lodge

    3.94 miles

  • McDonald's

    2.74 miles

  • Raising Cane's

    2.80 miles

  • Sonic

    3.04 miles

  • Gov't Taco

    3.04 miles

  • IHOP

    3.09 miles

  • Smoothie King

    3.11 miles

  • Domino's

    3.12 miles

  • Burger King

    3.16 miles

  • Subway

    3.18 miles

  • Wingstop

    3.20 miles

  • Fourth District Baptist Academy School

    0.33 miles

  • Temple Christian School

    0.36 miles

  • Desire Street Academy School

    0.51 miles

  • Airline Christian Academy

    0.56 miles

  • Brookstown Elementary School

    0.63 miles

  • Greater Mount Olive Christian Academy

    0.65 miles

  • Divine Guidance Christian School

    0.69 miles

  • Lanier Elementary School

    0.76 miles

  • Howell Park Elementary School

    0.78 miles

  • Merrydale Elementary School

    1.12 miles

  • Unique Care Learning Center LLC

    3.25 miles

  • Southside Daycare & Early Learning Center

    4.88 miles

  • The Learning Center

    7.83 miles

  • Creative Kids Fine Arts Academy

    9.75 miles

Frequently Asked Questions

What is the lease rate for Investment Opportunity: Prescott Place Mobile Home Community?

Rental asking rate at Investment Opportunity: Prescott Place Mobile Home Community is $1,325,000.00/YR.

What is the total square footage of Investment Opportunity: Prescott Place Mobile Home Community?

Investment Opportunity: Prescott Place Mobile Home Community totals 1 square feet.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Mark Segalla

ELIFIN®

(225) 505-4349