16877 Highway 171, Ragley, LA 70657

Investor special!! Great opportunity to buy a fixer upper mobile home park in the fast growing Ragley area. This is an almost acre cleared lot setup with 4 mobile home spots. There is currently 4 older mobile homes on property with 2 mechanical sewer systems. They have a shared water meter and each have separate electric meter. 16877 is a 1 bedroom/ 1 bath, 16875 is a 3 bedroom/2 bath, 16871 is a 3 bedroom/ 2 bath and 16871 is also a 3 bedroom/2 bath. All mobiles homes are older and do have some damage. 16877 is the back mobile home and could be made rent ready very easily. These were all rented prior to hurricane for over $3000 monthly income. This property has a ton of potential. Located in flood zone X. The current property zoning will allow only 4 mobile homes but parish will allow newer mobile homes to be changed out if buyer chooses. Seller will consider owner financing with 20% down payment and 10 % interest rate.