Property profile

20550 La-9 Arcadia, LA 71001

OFF-MARKET
Land
131 ac lot
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Property summary

AI-generated overview

This 131-acre commercial land parcel in Arcadia, Louisiana, houses the Bonnie & Clyde RV Resort. Currently featuring 28 RV pads with a 50% occupancy rate at $550/month each, the property generates approximately $15,000 in average gross monthly income, further boosted by monthly Trade Days events. Existing amenities include an on-site restaurant, gift shop, laundromat, picnic shelters, a large pond, BBQ grills, and a covered pavilion. The resort is conveniently located just five minutes from I-20. Significant improvements and upgrades have been completed in the past two years. This presents a value-add opportunity with potential for expansion to accommodate the growing need for affordable housing and temporary workforce housing. Further income streams could be developed by adding amenities and continuing special events like Civil War reenactments and holiday presentations. The property's proximity to a recently announced Buc-ee's convenience store and gas station adds to its investment appeal. The property's APN is 200003750 and is located at 20550 LA-9, Arcadia, LA 71001. The asking price is $1,400,000. Future development possibilities include adding a horse arena and stables.

Property profile

Verified
Property type Land
Lot 131 ac (5,706,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

20550 La-9 Arcadia, LA 71001
Arcadia metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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