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23805 Highway 430 Hy, Franklinton, Louisiana

$1,350,000

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52

Beds

5.61

Acres

About 23805 Highway 430 Hy

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!

Features of 23805 Highway 430 Hy

MLS® # 2469699
Price $1,350,000
Bedrooms 52
Bathrooms 0.00
Acres 5.61
Year Built 1968
Type Multi-Family
Sub-Type Mobile Home, Other
Status Active

Community Information

Address 23805 Highway 430 Hy
Subdivision Not a Subdivision
City Franklinton
County Washington
State Louisiana
Zip Code 70438

Amenities

Parking One Space, Two Spaces
Is Waterfront No
Has Pool No

Interior

Heating Other
Cooling Other
Fireplace No
Has Basement No

Exterior

Exterior Modular/Prefab
Lot Description 6-10 Units/Acre, Outside City Limits, 1 to 5 Acres
Roof Other
Construction Modular/Prefab
Foundation Other

Additional Information

Days on Market 377
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00
Listing Provided By Epique Realty

Listing Map

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