6367 Byu Black Dr Gibson, LA 70356-3516
Property profile & analytics
6367 Byu Black Dr Gibson, LA 70356-3516
- Commercial real estate
- 89.00 lot acres
Property ID
US36-1021625
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hideaway Ponds Resort / Campground & RV Park
Property Details for 6367 Byu Black Dr
- Lot size
- 89.00 lot acres
- Property type
- Commercial real estate
- APN
- 37306
- APU
- 37306
Description
This exceptional 103-site RV park, situated on 92.6 acres in Gibson, Louisiana (70356), presents a compelling value-add investment opportunity. Located approximately 20 miles west of Houma and conveniently positioned between Baton Rouge and New Orleans, this property benefits from strong regional tourism. The park's proximity to the Gulf of Mexico, New Orleans, and Lafayette enhances its appeal. Built in the late 1990s, the resort currently operates under a membership model, offering significant upside potential for a new owner. The asking price is $1,600,000. The property is currently unzoned. A buyer can capitalize on the opportunity to transition the park to a traditional RV park model, increasing occupancy to 40-45% and nightly rates to $60 or more. Further revenue growth can be achieved through various strategies, including optimizing the transient/extended-stay site mix, adding cabins or lodges, implementing electric billing for extended stays, expanding the camp store and vending operations, upgrading WiFi and cable services, and potentially expanding the park itself. The property is ready for stabilization post-membership club operation, with existing management in place. This represents a chance to acquire an underperforming asset at a price significantly below replacement cost, achieving a high double-digit unlevered yield. The property is located off Bayou Black Drive.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $835,000
- ML approach
- $880,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gibson
- County
- Terrebonne
- State
- Louisiana
- Longitude
- -90.991
- Latitude
- 29.678
- CBSA code
- 26380
- CBSA name
- HOUMA-BAYOU CANE-THIBODAUX, 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
$6,861
$8,710
$67,890
$76,600
-
$87,100
$470,933
$558,033
