Wildwood Estates - for Sale in Shreveport, Louisiana

Seller Information

Property Description

For sale by owner.

MINERAL RIGHTS are also available in addition and negotiable.

Price of park lowered to $650k. That is less than $6310 per space. For comparison, ten years ago it was estimated that it took over $11,000 per space, this does not include the price of the land.

This area has a huge need for rental homes, we get $675 for a 8 year old home and $575 for homes that were bought for under $3000.

There is city water and a big sewer plant that I was told can handle a large park expansion.

The park has almost 20 acres and should be able to be expanded to 200 spaces OR 10 homes per acre. Or alternatively, you can do 1/2 Mobile homes say 100 plus another 200 smaller RV spots.

The park was updated with all new 200 amp electric service.Currently we get 200/lot;

Electric is 110/month; Water is 375/mo; Taxes are only about 2800 - 2900 per year;

Tennis court . We were contacted by the coordinator of the gas pipeline and gas wells that they required 600 RV lots for their gas workers. It is lonly a matter of time till natural gas prices will be on the rise.

Twenty minutes from Shreveport, LA; Dallas, Texas -175 miles, Houston, Texas- 200 miles, Tyler, TX -85 miles, Marshall, TX - 25 miles: Ten minutes from a large GM Plant, Interstate 20, several major truck stops: Fifteen minutes form Shreveport airport.

Will consider a qualified partner for huge up side potential. Owner ready to retire. Make an offer. All offers considered

Existing Park
Lot Size approx 20 acres
No Rent Control
Newer Homes available
Investor pool for mobile home placement
Proforma Cap Rate would be higher as Rental Community
Swimming Pool filled in/ Tennis Courts
Strong Rental Demand
Convenient Highway Access

Google map link - cut and paste:

http://maps.google.com/maps?f=q&hl=en&q=9690+Highway+79,+Bethany,+LA++71007&ie=UTF8&z=16&ll=32.381085,-94.028238&spn=0.009858,0.030427&t=k&om=1

Location Description

Convenient Highway Access
Home to Fortune 500 Companies
General Motors and GE and Several Casinos
Borders Shreveport, Louisiana / Waskom, Texas
Variety of Shopping, Restaurants and Bossier City
Partial Direct bill utilities

Park Information

Lot Information

RV Information

Utility Information

Amenities and Other