www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31467063
31467084

1514 Azema St, Vinton, LA 70668

$4,000,000
87 days on market
Updated 26 days ago

Vinton RV Park

Details
APN 00721018
Property Type Mobile Home Park, Multifamily
Sub Type RV Park
Units 134
Cap Rate 8.52%
NOI $341,000
Occupancy 50%
Pro-Forma Cap Rate 12.5%
Pro-Forma NOI $500,000
Year Renovated 2021
Buildings 3
Stories 2
Acreage 14.300
Zoning City
Parking Spaces 1 per unit
Investment Type Institutional
Occupancy Date 04/03/2026
Ground Lease No
Ownership Fee Simple
Sale Condition For sale by owner

RV Park -140 Pads+ $340K NOI

Marketing description

Vinton RV Park is a 134-site, cash-flowing RV park located in Vinton, Louisiana — directly off Interstate 10 between Houston and New Orleans. The property generated $341,000 NOI in 2025 on $553K gross revenue, with trailing twelve-month gross revenue running at $615K. This is a performing asset with immediate cash flow and an extraordinary demand tailwind.

The park currently operates at approximately 48% occupancy — creating a rare entry point ahead of what may be the most significant industrial workforce influx in Louisiana history. With $45B+ in active LNG terminal construction within 30 minutes and 20,500+ workers projected to flood the corridor by late 2026, occupancy growth is not aspirational — it's structural.

All-Inclusive Model = Built-In Upside

The park currently runs as a fully all-inclusive community — one flat monthly rate covers electric, water, sewer, WiFi, and laundry. This model maximizes tenant appeal but creates substantial recoverable revenue for a new owner. A buyer can bill back any or all of these utilities, potentially recovering $156K–$286K per year with zero incremental cost.

Property Highlights

  • 134 Full Hookup RV Sites (129 Monthly + 5 Overnight)
  • Monthly Rates: $500–$600 (All Bills Included — Electric, Water, Sewer, WiFi, Laundry)
  • T-12 Average Occupancy: ~68%
  • Average Length of Stay: 6–8 Months (95%+ monthly tenants)
  • Former KOA property with established infrastructure and road layout
  • On-Site Amenities:
    • Large swimming pool
    • Spacious recreation center with full kitchen for guest use
    • Laundry facility (currently free — conversion opportunity)
    • Showers and restrooms
  • Additional Income Units:
    • 2 Bed / 1 Bath brick home rented at $1,450/mo
    • 1BR studio apartment above office with separate entrance at $750/mo
  • ~$550,000 invested in capital improvements since 2021
  • 80 GFCI outlets replaced in the past year
  • 100% cashless operations via Campspot software
  • Managed by regional team overseeing 8 parks + 3 virtual assistants

In-Place Performance

  • Gross Revenue (2025): $552,747
  • NOI (2025): $341,459
  • T-12 Gross Revenue (Jun '25–May '26): $614,680
  • T-12 NOI: $300,800
  • Business Model: All-inclusive monthly pricing
  • Tenant Base: Long-term residents, workforce housing, fixed-income tenants, and overnight guests

Why This Market Is On Fire

Southwest Louisiana is ground zero for one of the largest industrial buildouts in American history:

  • Venture Global CP2 LNG — $28 billion terminal under active construction in Cameron Parish. 3,500+ workers on site as of Q3 2025. Phase 2 FID closed March 2026 with $20.7B in total financing. First LNG production targeted late 2027. 29 MTPA capacity.
  • Woodside Louisiana LNG — $17.5 billion facility in Calcasieu Parish — the largest foreign investment in Louisiana history. ~15,000 U.S. jobs during construction. First LNG production targeted 2029. 16.5 MTPA capacity.
  • 20,500+ industrial workers projected to flood the Southwest Louisiana corridor by late 2026–early 2027
  • Zero apartment stock in the area — RV parks are the primary workforce housing option
  • Demand is structural, not seasonal — construction timelines extend through 2031+

The park receives regular pad inquiries. With current occupancy in the high-40s and a wave of industrial demand approaching, a buyer is positioned to ride the occupancy curve up rather than buying at the peak.

Value-Add Opportunities

1. Utility Bill-Backs (Biggest Lever)

  • Currently all-inclusive — electric, water, sewer, WiFi, and laundry are all free to tenants
  • Water & sewer alone costs ~$117K/yr in the T-12 — even a modest $30/mo fee recovers $39,600/yr
  • Electric bill-back potential: $60K–$120K/yr
  • WiFi bill-back potential: $30K–$48K/yr
  • Total utility recovery potential: $156K–$286K per year
  • A buyer can implement any combination — even partial bill-backs are transformative to NOI

2. Camp Store & Propane

  • The former KOA office and rec area are ideal for a camp store — ample space, foot traffic, and visibility
  • Groceries, ice, firewood, RV supplies, and branded merchandise
  • The park previously had a propane tank on-site — re-installing is straightforward

3. Occupancy Recovery & Growth

  • Current ~48% occupancy vs. a demonstrated 70–78% range over the past 12 months
  • With LNG construction driving unprecedented demand, recovery toward 80%+ is a function of when, not if
  • Each 10% occupancy gain at $600/month ≈ $96K+ in additional annual revenue

4. Rate Optimization

  • Current rates of $500–$600 are below market for full-hookup I-10 corridor sites in an LNG-driven market
  • Opportunity to implement gradual rent increases, premium site pricing, and tiered rate structures

5. Overnight & Short-Term Expansion

  • Only 5 of 134 RV sites are currently designated for overnight stays at $50/night
  • Expanding to 15–20 transient sites captures I-10 drive-by demand at significantly higher yields

6. Paid Laundry Conversion

  • Laundry is currently free — converting to coin-op or card-operated generates passive income
  • Infrastructure is already in place

7. Additional Ancillary Revenue

  • Dump station for non-guests ($15–$25/use — I-10 traffic)
  • Event space / pavilion rentals (rec center with full kitchen)
  • Off-season RV storage ($100–$200/unit/month)
  • Vending machines

Competitive Advantage

Vinton RV Park stands out from typical workforce parks due to its amenity package, former KOA infrastructure, and strategic location:

  • Pool and community gathering areas
  • Large recreation center with full kitchen
  • Clean, well-maintained infrastructure with ~$550K in recent capital improvements
  • Concrete pads and functional site layout
  • Direct I-10 access — visible and accessible from the highway
  • Proximity to $45B+ in active LNG construction

Investment highlights

INVESTMENT HIGHLIGHTS

Vinton RV Park offers investors:

  • Proven cash flow — $341K NOI in 2025 on $553K gross revenue; T-12 gross revenue of $615K
  • All-inclusive model creating $156K–$286K in recoverable utility revenue — a new owner can bill back any or all utilities at zero incremental cost
  • Current occupancy of ~48% creates a rare below-market entry point ahead of 20,500+ LNG construction workers flooding the corridor by late 2026
  • Multiple untapped ancillary revenue streams — camp store, propane, paid laundry, overnight expansion, dump station
  • Macro demand catalyst: $45B+ in active LNG construction within 30 minutes, with workforce housing demand locked through 2031+
  • Tangible upside through occupancy recovery, rate optimization, utility bill-backs, and ancillary revenue
  • $45B+ LNG Construction Boom — Venture Global CP2 ($28B) and Woodside Louisiana LNG ($17.5B) are under active construction within 30 minutes — 20,500+ workers projected by late 2026 with demand locked through 2031+
  • Amenity-Rich Former KOA — Pool, large recreation center with full kitchen, laundry, showers, plus a 2/1 brick home and a 1BR studio apartment above the office
  • Untapped Ancillary Revenue — Camp store (former KOA layout is built for it), propane refills (previously had a tank), paid laundry conversion, overnight expansion, dump station
  • Diverse Income Components — 134 RV sites, 2/1 brick home ($1,450/mo), studio apartment ($750/mo), and overnight guests
  • Multiple Demand Drivers — LNG workforce housing, long-term residents, fixed-income tenants, I-10 corridor travelers, and overnight guests
  • Turnkey Investment — Professionally operated with Campspot (100% cashless), regional management team overseeing 8 parks, and minimal transition risk

Listing Contacts

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$341,000.00
$28,416.67/mo

Valuation Metrics

0
DSCR
8.53%
Cap Rate
8.53%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591