4701 Eraste Hebert Rd, New Iberia, LA 70560

Property Description

Established 16-lot mobile home park situated on approximately 3.15 acres, offering strong in-place income with additional upside potential. Each lot measures 16x80 and features mature trees and individual yard space, creating an attractive setting for residents. The property benefits from convenient dual access via Highway 14 and Valery Rd, providing excellent visibility and ease of entry. Seven mobile homes convey with the sale, including four tenant-occupied units with long-term tenants already in place. One additional tenant-owned home along with the potential for two more tenant-owned homes will generate additional lot rental income. Six vacant lots are ready for placement of mobile homes, offering immediate expansion and value-add opportunity. Priced well below appraised value, this property presents a compelling investment opportunity with stable cash flow and room for growth. Detailed property information sheet available upon request.