Investment opportunity to acquire a stabilized 34-site mobile home community located at 1033 Leblanc Drive in Henderson, Louisiana. Cajun Trace MHC is currently 100% occupied with zero park-owned homes, offering a straightforward lot-rental model with minimal exposure to home maintenance, repairs, and turnover costs. Current lot rents are $400 per month, providing an established and consistent income stream.
One of the property's strongest investment features is its exceptionally low operating expense structure. Water, sewer, and trash services are direct-billed by the city to each tenant, eliminating these utility costs and associated collection responsibilities from property-level operations. Combined with zero park-owned homes, the community has virtually no true recurring property-level operating expenses, creating a highly efficient ownership and management structure.
The property features paved interior roads, off-street parking, and is situated in Flood Zone AE.
With 34 occupied sites, zero park-owned homes, tenant-paid utilities, paved infrastructure, and minimal recurring operating expenses, Cajun Trace MHC offers investors a stabilized, low-maintenance community with a simple operating model and strong existing income stream.
Active
$1,850,000
1033 Leblanc Dr, Henderson, LA 70517
--beds
--baths
243,679sqft
Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$8/sqft
$-- HOA
What's special
Paved interior roadsOff-street parking
- 14 days
- 65
- 4
Zillow last checked:
Listing updated:
Listed by:
Sergio Mesa 504-390-5229,
Elite Real Estate Advisors 985-542-7601,
Stephen Gillies 985-974-9267,
Elite Real Estate Advisors
Source: GSREIN,MLS#: 2580899
Facts & features
Interior
Heating
- Other
Cooling
- Other
Interior area
- Total interior livable area: 243,679 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Two Spaces
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 5.59 Acres
- Dimensions: 5.59 ac
- Features: City Lot, Oversized Lot
Details
- Parcel number: 0
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Other
- Foundation: Other
- Roof: Other
Condition
- Very Good Condition
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Henderson
Financial & listing details
- Price per square foot: $8/sqft
- Tax assessed value: $27,500
- Annual tax amount: $247
- Date on market: 10/8/2026
- Tenant pays: Electricity, Water
Estimated market value
Not available
Estimated sales range
Not available
$1,177/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $1,850,000$8/sqft |
Source: | ||
| 5/21/2010 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $247 | $2,750 |
| 2024 | $247 -6.5% | $2,750 -3.5% |
| 2023 | $264 +0.1% | $2,850 |
| 2022 | $264 | $2,850 |
| 2021 | $264 +0.3% | $2,850 |
| 2020 | $263 -14.8% | $2,850 -13.9% |
| 2019 | $309 +1.4% | $3,310 |
| 2018 | $305 | $3,310 |
| 2017 | $305 -49.4% | $3,310 -51.8% |
| 2016 | $602 -3.7% | $6,870 +2.1% |
| 2015 | $625 +89.6% | $6,730 +89.6% |
| 2014 | $330 -47.2% | $3,550 -47.3% |
| 2013 | $625 +0.4% | $6,730 |
| 2012 | $622 +70% | $6,730 +72.6% |
| 2011 | $366 +0.3% | $3,900 |
| 2010 | $365 | $3,900 |
Find assessor info on the county website
Monthly payment
Est. payment