Gulf Stream Manor to Face Sheriff Sale in January

The Lake Charles mobile home park will head to auction following a court-ordered foreclosure seizure.

Updated on Oct. 30, 2026 in Apartments

Screen-print poster illustration of a lone mobile home in a marshy field, evoking residential transition in Louisiana. — A Lake Charles mobile home park is scheduled for a January 20, 2026, sheriff sale following a court-ordered foreclosure in Calcasieu Parish. AI Illustration. Upload story photo >

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The Calcasieu Parish Sheriff's Office is scheduled to auction Gulf Stream Manor on January 20, 2026. A judge ordered the sale after the property owner defaulted on mortgage payments.

Why it matters

The sale stems from a failure to meet monthly mortgage obligations that began in September 2024. The transition to new ownership could lead to shifts in rental rates and management policies for current residents.

Lender Wells Fargo is owed $3,159,478.09 in outstanding debt. Tenants currently on month-to-month leases are entitled to a 90-day notice period following the completion of the foreclosure sale.

The players

Wells Fargo

This is a major American multinational financial services company that provides banking, investment, and mortgage lending services.

Calcasieu Parish Sheriff's Office

This agency serves as the primary law enforcement and civil process authority within Calcasieu Parish, Louisiana.

Rampart Multifamily Management

This organization specializes in the management and operations of multi-unit residential properties and mobile home communities.

The details

Rampart Multifamily Management is currently operating the property as a court-appointed keeper following the legal seizure. Under Louisiana law, any new owner must formally petition for eviction and attend a hearing to legally remove residents.

September 2024: The property owner ceased making monthly mortgage payments.
June 18, 2025: The outstanding debt amount was officially recorded.
July 2025: Wells Fargo initiated a lawsuit against Gulf Stream Manor MHC, LLC.
July 8, 2025: A judge approved the seizure and upcoming sale of the facility.
January 20, 2026: The sheriff's foreclosure auction is set to take place.

Culture Shift

This foreclosure reflects the broader struggle within the affordable housing sector to maintain operational viability amidst rising debt loads. It follows the pattern set by Louisiana eviction notice requirements, which mandate that a judge must preside over an eviction hearing before any tenant removal occurs.

Residents should be aware that their month-to-month lease agreements carry a 90-day notice protection period after the auction takes place. Tenants may face potential rent increases or changes in property management as the new owner takes control of the community.

The takeaway

Property owners and tenants should keep close tabs on legal filings to understand their rights during ownership transitions. Engaging with local housing resources early can help residents prepare for potential changes in management or rental terms.