5901 Texas StBossier City, LA 71111
- Mobile home & RV parks
- 1,064 SF
For Sale
$4,450,000
View listing
Property Details for 5901 Texas St
- Year built
- 2017
- Lot size
- 11.64 AC
- Property size (Sq ft)
- 1,064 SF
- Property type
- Mobile home & RV parks
- APN
- 201639
- APU
- 201639
Description
Bayou Mobile Estates presents a compelling investment opportunity in Bossier City, Louisiana. This Class B mobile home park encompasses 13.55 acres and features 80 pads, with 76 park-owned homes (POH) and 4 tenant-owned homes (TOH). Currently operating at 65% occupancy (projected to increase), the park boasts a strong rental market fueled by the nearby Barksdale Air Force Base and robust local economy. The property enjoys city water, sewer, and trash services
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $362,689
- 6.5%
- $334,790
- 7%
- $310,876
-
Comparable approach
- Method
- Valuation
- Relative Method
- $311,500
- Geo Method
- $117,967
-
Alternative Use
- Use
- Valuation
- Residential
- $334,790
- Hospitality
- $306,666
- Educational
- $255,142
- Medical
- $263,917
- Retail
- $396,888
Location Insight
- City
- Bossier City
- County
- Bossier
- State
- Louisiana
- Latitude
- 32.5655
- Longitude
- -93.7254
- CBSA code
- 43340
- CBSA name
- SHREVEPORT-BOSSIER CITY, LA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$57
-
$2,530
$2,530
-
-
$25,296
$25,296
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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