Building Details:
7605 Lotus Ln is located in Shreveport, LA.
This mobile home park has thirteen seller owned mobile homes (9 single and 4 double wide). Additionally there are two storage buildings on site.
Park has seen numerous improvements in the last two years including asphalt paved driveways, individual metered water and electrical services to each home, large trees trimmed and/or removed for safety and convenience, numerous new central a/c/ units, and mobile home new floors and paint.
Currently park is 100% occupied generating $8,535/monthly or $102,420 annually.
Annual expenditures are approx $1900 taxes, $8400 home and site maintenance, and $468 outside security lighting(9.65%). See attached estimate with 92% occupancy projections).
Located at the rear of Cargill Park on Lotus Lane the park has a rural feel with its large green space isolated by a eight foot high wood security fence.
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