Mobile Home Income
9507 Pleasant Hills Drive, Shreveport, LA 71106
MULTI_FAMILY - Shreveport, LA
Property size:
2,288 SFLot size:
0.75 AcresPrice / SF:
$142/SF- Added:
- Apr 23, 2026
- Days on Market:
- 61
- Last Refresh:
- Jun 22 at 9:06 pm
Property Features for 9507 Pleasant Hills Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4
- Parking
- 4
- Parking features
- Carport
- Interior features
- DecorativeDesignerLightingFixtures, HighSpeedInternet, CableTv
- Appliances
- Dishwasher, ElectricRange, GasRange
- Standard status
- Active
- APN
- 161308036000200
- Size
- 2,288 SF
- Lot size
- 0.75 Acres
Taxes and HOA fees
- Tax Description
- 0.745 ACS. M/L - LOT 2, FORBING FACTORY SUBDI
- Tax Annual Amount
- 1181
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2014
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl, Wood
- Roof type
- Shingle
Listing agent Susannah Hodges License #0995684198 (504) 525-1311
Listing office Compass Corporate (LATT16) Metairie, LA (504) 525-1311
Listing date Apr 23, 2026
MLS# 21197716
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two addresses on one .75‑acre lot: 9505 Flournoy Lucas and 9507 Flournoy Lucas; both properties are currently leased
- 2014‑built homes with central heating and central air
- 9505 Flournoy Lucas: 1BR/1BA mobile home with covered parking and a sizable master bath
- 9507 Flournoy Lucas: front porch, 2 covered carport spaces, and a master bath with a freestanding soaking tub
- Appliances include dishwasher, electric range, and gas range
- Utilities: public water and septic tank; roof is shingle; flooring includes vinyl, tile, and wood
Overview
This 0.75-acre income opportunity includes two addresses, offering a turnkey setup with both properties currently leased. Each home is described as well cared for and in very good condition, with ample parking and attractive exterior appeal that includes mature trees and well-maintained yards.
9505 Flournoy Lucas is an 1BR/1BA mobile home with a small sitting porch, covered parking, and a sizable master bath. The layout is noted as open floor plan, designed for comfortable everyday living. 9507 Flournoy Lucas features a welcoming front porch, a small rear storage shed, and two covered carport spaces. Interior highlights include a master bath with a freestanding soaking tub, a kitchen with stainless steel appliances and a double-compartment stainless steel sink, wood cabinetry, and a large utility room with an extra refrigerator.
Situated on the developing Flournoy Lucas corridor, the property is across from the Shreveport Marketplace shopping center, which includes a large Kroger grocery store, multiple restaurants, a coffee shop, and retail. It is also across the street from the new YMCA soccer fields, supported by nearby neighborhood growth indicators. With both homes already leased, this offering suits investors seeking long-term income with flexibility for short-term investment strategy, supported by strong area momentum.
9505 Flournoy Lucas is an 1BR/1BA mobile home with a small sitting porch, covered parking, and a sizable master bath. The layout is noted as open floor plan, designed for comfortable everyday living. 9507 Flournoy Lucas features a welcoming front porch, a small rear storage shed, and two covered carport spaces. Interior highlights include a master bath with a freestanding soaking tub, a kitchen with stainless steel appliances and a double-compartment stainless steel sink, wood cabinetry, and a large utility room with an extra refrigerator.
Situated on the developing Flournoy Lucas corridor, the property is across from the Shreveport Marketplace shopping center, which includes a large Kroger grocery store, multiple restaurants, a coffee shop, and retail. It is also across the street from the new YMCA soccer fields, supported by nearby neighborhood growth indicators. With both homes already leased, this offering suits investors seeking long-term income with flexibility for short-term investment strategy, supported by strong area momentum.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.9k | $14.40 |
| − Vacancy | −$2.0k | −$0.89 |
| EGI | $30.9k | $13.51 |
| − OpEx | −$13.9k | −$6.08 |
| NOI | $17.0k | $7.43 |
2,288 SF · lease $14.40/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$242.8K
$212.5K – $283.3K
NOI $16,997 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$482.9K
$422.6K – $563.4K
NOI $33,804 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Shreveport
- County
- Caddo
- State
- Louisiana
- Longitude
- -93.729457
- Latitude
- 32.391216
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Two leased mobile homes on a growing corridor across from major retail and YMCA fields.
Where is this single family property located?
The property is located at 9507 Pleasant Hills Drive Shreveport, LA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two addresses on one .75‑acre lot: 9505 Flournoy Lucas and 9507 Flournoy Lucas; both properties are currently leased; 2014‑built homes with central heating and central air; 9505 Flournoy Lucas: 1BR/1BA mobile home with covered parking and a sizable master bath
