3401 E Prien Lake Road

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3401 E Prien Lake Road

Lake Charles, LA 70615
Asking Price
$800K
Cap Rate
13.77%
Asset Type
RV Park Multifamily
Class
Class B

What's Special

Multifamily | 13.77% CAP | 29 Units <ul><li>​29 RV Spaces with adapters to accommodate 3 more spaces</li><li>​1.09 Acres</li><li>​All Age Community</li><li>​Electric, Water, Sewer paid by Park</li><li>​Trash & Internet (upon request) paid by Tenant</li><li>​Picnic benches amenities</li><li>​100% Occupancy</li><li>​City utilities - sewer and water</li><li>​Built 1991</li><li>​Top RV Park in Lake Charles 70615 for 2026</li><li>​Near major stores, restaurants, attractions, LNG Plants, and 7-year bridge project</li><li>​Adjacent RV Pa

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NOI
$80,000
Cap Rate
10.00%
DSCR
1.68
Strong
Cash-on-Cash
13.54%
Monthly Payment
$3,957.964
Annual Cash Flow
$32,504.438

Location & Travel Times