7605 Lotus Ln, Shreveport, LA 71108
Commercial property for lease
- Description
- This quiet mobile home park has 13 recently renovated mobile homes (9 single and 4 double wides) located on this two plus acre site.There are also two additional storage buildings on site. Ten homes have passed the rigorous standards of and are in compliance with the Housing Authority of the City of Shreveport for Section 8 tenancy. Currently 70% plus of the monthly revenue is guaranteed thru this program.Mobile Home Park recent improvements include asphalt paved driveways, individual city metered water per home as well as individually metered electrical services, plus numerous new central air conditioning units. Recent extensive large tree removal. Tenants pay all of their own utilities! Park is currently 100% occupied with income at $8,930/monthly or $107,160/annually. Taxes are $1,102.06, insurance is $2,350.00, outside security lighting $468.00.Located at the end of Lotus Lane at the rear of Cargill Park. The park has a rural feel with its large green space secured by a eight foot security fence. Recently added playground equipment sits on one acre of green area.This is a rare mobile home park where all the homes are landowner owned with all tenant paid utilities. Building price details: $985,000.
- Exterior Features
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Parking Type: Surface - Contact info
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Mike A AndersonLouisiana Realty & Associates, LLC
- Note
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- Property Details
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Building Name: Cargill Mobile Home Park Property Type: Commercial (Other) Status: Available Lot Size: 2.160 Acres Year Renovated: 2016 Submarket: Mobile Home Park MSA: Shreveport-Bossier City Zoning: R-MHP Buildings: 13 Broadband Internet: DSL, Satellite Terms: Cash to Seller Added: 02/25/2018 Last Update: 02/25/2018