28-Lot Mobile Home Park Investment Opportunity | New IberiaStrong value-add mobile home park opportunity in New Iberia featuring 28 lots, solid in-place cash flow, and an estimated cap rate of approximately 10%.This asset offers immediate income with additional upside through expansion. Included in the sale is an additional parcel with the potential to support approximately 10-20 additional mobile homes, subject to subdivision and development plans. A house is also included in the sale and is being assigned no value.With most homes being tenant-owned, the park benefits from a lower-maintenance operating model while still including some park-owned homes for added income potential. Current lot rent is $280 per lot, creating a stable base with room for future optimization depending on market conditions.Investment Highlights28-lot mobile home park in New IberiaApproximate 10% cap rateStrong existing cash flowAdditional parcel included with expansion potential for 10-20 more lotsLarge vacant area for future developmentMost homes are tenant-ownedAdditional income from park-owned homesLot rent currently $280 per lotExisting management company willing to remain in placeSeller is a licensed real estate agentThis is an attractive opportunity for an investor seeking immediate yield, operational stability, and long-term upside through infill and expansion.