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23805 HIGHWAY 430 Highway Franklinton, LA 70438

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For Sale
$1,350,000

Mobile Home, Other - Franklinton, LA

Lot size:
5.61 Acres
Added:
Oct 4, 2024
Days on Market:
544
Last Refresh:
Mar 31 at 6:06 pm

Property Features for 23805 HIGHWAY 430 Highway

General Information

Property type
Residential Multi Family
Property subtype
Other
EntryLevel
1
Standard status
Active
Lot size
5.61 Acres

Building Details

Floors in Building
1
Number of units
23
Architectural style
Other

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Listing Contact
Chad Ghersanich

Listing agent Chad Ghersanich

Listing office Epique Realty 650 Poydras St., New Orleans, LA

Listing date Oct 4, 2024

MLS# 2469699 Listing URL

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Profitable Mobile Home Park Opportunity

This mobile home park, situated on 5.67 acres, features 23 mobile homes, including 20 park-owned units, 2 tenant-owned units, and 1 unit under a rent-to-own contract. Each mobile home is equipped with its own water meter, with water sourced from Franklinton Water Corporation. The park has undergone improvements resulting in higher rents with new tenants, contributing to an upward trend in average monthly income. The park benefits from a strong reputation, aiding in maintaining high occupancy rates. A respected park manager has been on-site for the past 2.5 years. The park is Section 8 approved, with only 2 tenants currently participating in the program. The property includes two storage sheds. The park is located 2 miles from the center of the city. The average monthly income for the last 3 months is $13,101, for the last 6 months is $12,700, and for the last 12 months is $11,600.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Map

City
Franklinton
County
Washington
State
Louisiana
Longitude
-90.158916
Latitude
30.866875

FAQs

What type of property is this?
Mobile home & RV park - Turn-key mobile home park with room to grow cashflow.
Where is this mobile home & rv park located?
The property is located at 23805 HIGHWAY 430 Highway Franklinton, LA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: High Cashflow: Strong average monthly income trending upward (last 3 months: $13,101).; Turn‑Key Ready: Includes 23 mobile homes (20 park‑owned), on‑site park manager for 2.5 years.; Room to Grow: Section 8 approval with only 2 tenants currently enrolled, offering potential for increased rents.
More about this property
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