23805 Highway 430 Highway
Franklinton, LA 70438
- 52 beds
- – baths
- – sqft
- 1968 build
Hands Down The Best MOBILE HOME PARK on The Market, Runs Like a Well Oiled Machine & Has Even More Room To Grow! Even If You Have Never Considered a Mobile Home Park, You've Got To Come See This Place, The Possibilities & Cashflow Are Endless! The 5.67 Acers Of Land Alone Are Worth But It Comes With 23 Mobile Homes (20 Park Owned-Units, 2 Tenant-Owned Units & 1 Unit This is on a Rent-To-Own Contract). Get This, Each Mobile Home Has Its Own Water Meter and Water is City Sourced by Franklinton Water Corporation. Aggressive Improvements Have Resulted in Higher Rents with New Tenants & The Average Monthly Income is Trending Upward! The Park Has a Great Reputation Making It Easier To Keep Peak Occupancy! Respected Park Manager On Site For The Past 2.5 Years So This Place Is Turn-Key-Ready! Section 8 Approved But Only 2 Tenants Have OnBoarded Into The Program, Leaving You With Opportunity To Further Increase Rents. The Park is 2 Miles From The Center of The City! If There Are Any Eye Sores To Speak Of, Some of Skirting on Some of The Trailers But That's Really It, The Grounds Have Been Well Maintained and You Are Picking This Place Up at The Perfect Time! The Location Can't Be Beat, The Size of The Park is Just Right With Plenty of Profit and Minimum Maintenance. Two Storage Sheds Will Remain As Well. Average Monthly Income Last 3 months: $13,101 Last 6 months: $12,700 Last 12 months: $11,600 Way Too Many Details To List, Pass By The Park and Check It Out Or Call With Any Questions!
Listing courtesy of GSREIN / Epique Realty
Last checked:
Checking…
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Last updated Nov 3, 2024
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MLS# 2469699 —
The Building
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Year Built:1968
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Construction Materials:Modular/Prefab
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Architectural Style:Mobile Home
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Building Area Source:Assessor
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Roof:Other
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Foundation:Other
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Levels:One
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Stories:1
Interior
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Living Area Source:Assessor
Location
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Cross Street:Hwy 430
The Property
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Parcel Number:0300068250
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Property Type:Residential Income
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Property Subtype Additional:Other
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Property Subtype:Other
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Property Condition:Very Good Condition
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Lot Features:Outside City Limits
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Lot Size Dimensions:See Survey Attached
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Lot Size Area:5.607
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Lot Size Acres:5.607
Listing Agent
- Contact info:
- Agent phone:
- (888) 893-3537
- Office phone:
- (888) 893-3537
Taxes
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Tax Legal Description:5.607 ACRES IN SECTION 24-2-10
Beds
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Bedrooms Total:52
The Listing
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Current Price:$1,350,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Other
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Cooling:Other
Utilities
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Sewer:Septic Tank
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Water Source:Public
The Community
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Subdivision Name:Not A Subdivision
Parking
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Parking Features:One Space, Two Spaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/9/24
Oct 9, 2024
|
Listed / Active | GSREIN | $1,350,000 |