Established R.V. Park for Sale - Iowa, LA

Multi-Family for Sale
Catylist Listing ID: 30623502
Property Subtypes: Mixed Use, Other
Number of Units: 532 Units
Building Size (RSF): 14,160 SF
Gross Building Area: See Agent
Gross Land Area: 45 Acres
Sale Price: $12,000,000
Unit Price: $22,556.39 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/19/2020

Overview / Comments

Turn-key R.V. Park opportunity available for sale in Iowa, LA. Operation consists of 533 R.V. sites with full 30/50 amp service. Amenities include a common area clubhouse, a full service convenience store with restaurant capabilities, shared bathrooms, laundromat, propane filling station, and a stocked fishing pond. The property is located within 15 miles of the Lake Charles, LA MSA and consists of 45 acres with over 800 ft. of I-10 interstate frontage, allowing direct interstate access to The Golden Nugget and L’auberge Casino resorts, and an attractive accommodation of the greater Calcasieu Parish workforce housing market.

Lake Charles has long been known for the strong workforce it supports through the natural gas industry. Over the past 5 to 7 years, the area has grown substantially to support the increase of transient workers for the Lake Charles and Sulphur areas for the construction of the industrial plants. For the next 15 years there is a projected industrial expansion growth of approximately $117 Billion Dollars, with nearly 40% of this already underway. The workforce in Lake Charles will continue to thrive, as the plant construction has no end in site.

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Highway Access: Interstate 10 frontage
Total Number of Buildings: 2
Property Condition: Good
Laundry: Laundromat Nearby
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,096 5,129
Median Age: 35.85 34.85
Households: 761 1,838

Contact

Photograph of Listing Agent

Matt J Galofaro

Latter & Blum Classic Homes & Properties Hammond, LA 70401-0000
LACDB Member
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