539-Pad 45+ Acre RV Park off Interstate 10 | 20500 N Frontage Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
539-Pad 45+ Acre RV Park off Interstate 10 20500 N Frontage Rd
14,160 SF Specialty Building Online Auction Sale Iowa, LA 70647
You have won the auction!
Please check your email for next steps from the Contracts & Closing Team.
The bid amount you entered is less than the next minimum bid amount, please try again
Confirm your bid amount of
{{Auction.BidAmount}}
Investment Highlights
- American Dream RV Park is a prime, 539-pad RV park situated on over 45 acres just off of the heavily trafficked Interstate 10 in Iowa, Louisiana.
- 24/7 RV Resort, laundry facility & trash pickup, a catch-and-release fishing pond, high-speed Wi-Fi, more are available in this pet-friendly setting.
- Positioned just 20 minutes from Lake Charles/Westlake, 50 minutes from Lafayette, Louisiana, and just over an hour from Beaumont, Texas.
- Property has a plethora of amenities, including a clubhouse with a restaurant, convenience store, commercial kitchen, office space, and a lounge.
- Located near attractions such as Bayou Rum Distillery & Event Center, L'Auberge Casino Resort Lake Charles, and Delta Downs Racetrack Hotel & Casino.
Executive Summary
NAI Latter & Blum is pleased to exclusively present a rare and unique investment opportunity to acquire the American Dream RV Park, a 539-pad recreational vehicle park with 30/50-amp service located on over 45 acres just off Interstate 10 near Lake Charles, Louisiana. The American Dream RV Park at 20500 N Frontage Road in Iowa, Louisiana, features limestone roadways and driveways, complemented by meticulously landscaped common areas. This pet-friendly park features on-site services, including 24/7 laundry facilities and trash pickup. Amenities include a main clubhouse with a restaurant, convenience store, commercial kitchen, office space, and a lounge, as well as a bathhouse with bathrooms and showers, a catch-and-release fishing pond, high-speed Wi-Fi, and more.
The American Dream RV Park, located at 20500 N Frontage Road in Iowa, Louisiana, is positioned just off Interstate 10, between Exit 44 (Kinder) and Exit 48 (Lacassine) - approximately 15 miles from the Lake Charles/Westlake area. The Lake Charles/Westlake area has seen strong movement in the past five years and is currently the fifth-largest incorporated city in Louisiana. Since 2012, a total of $117 billion in industrial projects have been announced, and about half of these projects had yet to start construction as of 2018. Lake Charles Methanol II announced plans on February 14, 2024, for a new $3.2 billion manufacturing plant near the Port of Lake Charles. The total unmet housing need in Lake Charles exceeds $900 million, enhancing American Dream RV Park's offering as a provider of the most affordable form of housing - recreational vehicles.
More than 36,000 vehicles pass by Lacassine daily, giving the property prime exposure and visibility. Nearby conveniences are plentiful, including Bayou Rum Distillery & Event Center, Lil Cochon Cajun Kitchen, Dairy Queen, Subway, McDonald's, Dollar General, In-Laws Iowa, La Rumba, and Iowa Donuts, as well as Henry's Travel Plaza, Love's Travel Stop, and Pilot Travel Center. The American Dream RV Park resides 20 minutes from downtown Lake Charles, 50 minutes from Lafayette, Louisiana, and just over an hour from Beaumont, Texas.
The American Dream RV Park offers investors the chance to own a recreational vehicle community with significant capital improvements already in place, providing the potential for attractive returns through a successful lease-up.
The American Dream RV Park, located at 20500 N Frontage Road in Iowa, Louisiana, is positioned just off Interstate 10, between Exit 44 (Kinder) and Exit 48 (Lacassine) - approximately 15 miles from the Lake Charles/Westlake area. The Lake Charles/Westlake area has seen strong movement in the past five years and is currently the fifth-largest incorporated city in Louisiana. Since 2012, a total of $117 billion in industrial projects have been announced, and about half of these projects had yet to start construction as of 2018. Lake Charles Methanol II announced plans on February 14, 2024, for a new $3.2 billion manufacturing plant near the Port of Lake Charles. The total unmet housing need in Lake Charles exceeds $900 million, enhancing American Dream RV Park's offering as a provider of the most affordable form of housing - recreational vehicles.
More than 36,000 vehicles pass by Lacassine daily, giving the property prime exposure and visibility. Nearby conveniences are plentiful, including Bayou Rum Distillery & Event Center, Lil Cochon Cajun Kitchen, Dairy Queen, Subway, McDonald's, Dollar General, In-Laws Iowa, La Rumba, and Iowa Donuts, as well as Henry's Travel Plaza, Love's Travel Stop, and Pilot Travel Center. The American Dream RV Park resides 20 minutes from downtown Lake Charles, 50 minutes from Lafayette, Louisiana, and just over an hour from Beaumont, Texas.
The American Dream RV Park offers investors the chance to own a recreational vehicle community with significant capital improvements already in place, providing the potential for attractive returns through a successful lease-up.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Title and Insurance
Property Facts
| Sale Type | Investment | Lot Size | 45.00 AC |
| Sale Conditions | Auction Sale | Building Size | 14,160 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Trailer/Camper Park | Year Built | 2016 |
| Building Class | C | Parking Ratio | 38.06/1,000 SF |
| Sale Type | Investment |
| Sale Conditions | Auction Sale |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 45.00 AC |
| Building Size | 14,160 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Parking Ratio | 38.06/1,000 SF |
PROPERTY TAXES
| Parcel Number | 500102590 | Improvements Assessment | $0 CAD |
| Land Assessment | $866 CAD | Total Assessment | $866 CAD |
PROPERTY TAXES
Parcel Number
500102590
Land Assessment
$866 CAD
Improvements Assessment
$0 CAD
Total Assessment
$866 CAD
zoning
| Zoning Code | R3 (Residential) |
| R3 (Residential) |
Sale Advisor
Sale Advisor
Dex Shill, Commercial Sales & Leasing
(225) 297-7874
Contact
Dex was born and raised in Baton Rouge. As a native of our capital city, Dex has gathered extensive knowledge of the market, throughout the area and statewide. Before joining NAI Latter and Blum, Dex worked for Business First Bank, where he ran a successful management trainee program. Dex then worked as an intern at NAI Latter and Blum. Finding a knack for commercial real estate, Dex became a licensed agent, working as a member of Evan Scrogg’s Team. Dex and his team are consistently top producers in Industrial and Office spaces.
Over the past few years, Dex has worked in performing site analysis, property ownership, demographics, and market research for companies such as Wal-Mart, Hancock Whitney Bank, and the Urban Restoration Enhancement Corporation.
With expertise in research and performing property diligence, Dex is able to offer his clients insight into market trends and give informed advice throughout the property acquisition process.
Over the past few years, Dex has worked in performing site analysis, property ownership, demographics, and market research for companies such as Wal-Mart, Hancock Whitney Bank, and the Urban Restoration Enhancement Corporation.
With expertise in research and performing property diligence, Dex is able to offer his clients insight into market trends and give informed advice throughout the property acquisition process.
About the Auction Platform
Ten-X Commercial is the leading end-to-end digital transaction platform for commercial real estate. With over $26bn sold, Ten-X’s platform empowers brokers, sellers and buyers with data-driven technology and comprehensive marketing tools to expand market visibility and decrease time to close. Ten-X consistently yields trade rates at two times the industry average. Ten-X expedites the entire CRE transaction timeline by enabling brokers and sellers to tap into a digital platform that makes it easy to onboard properties, evaluate the success of complimentary omnichannel marketing campaigns and follow up on the strongest pre-qualified leads. Buyers are precision-matched with properties aligned with their investment goals, with unprecedented access to market analysis and due diligence documents to help them securely acquire properties online, with confidence.
Read More
Auction Contact
Derek Rudd
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr BROK.0995692305-CORP Irvine, CA; Auction Firm LA AB-446
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Transaction Fee Schedule
Based on Percentage of Winning Bid Amount.
Winning Bid Amount
Transaction Fee
$0m to < $1m
5.00% ($20,000 min)
$1m to < $3m
3.00%
$3m to < $5m
2.50%
$5m to < $10m
2.25%
$10m to < $15m
2.00%
$15m to < $25m
1.75%
$25m to < $35m
1.50%
$35M to < $45M
1.00%
$45M to < $55M
0.75%
$55M and Up
0.50%
Example Calculation
Winning Bid Amount
$4,000,000
Transaction Fee
$100,000 (2.5%)
Total Purchase Price
$4,100,000
Presented by
539-Pad 45+ Acre RV Park off Interstate 10 | 20500 N Frontage Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Presented by
539-Pad 45+ Acre RV Park off Interstate 10 | 20500 N Frontage Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.