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    23805 Hwy 430 Hwy Franklinton, LA 70438

    For Sale
    $1,350,000

    Mobile Home, Other - Franklinton, LA

    Lot size:
    5.61 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 23805 Hwy 430 Hwy

    General Information

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

    Building Details

    Floors in Building
    1
    Number of units
    23
    Architectural style
    Other

    Epique Realty (888) 893-3537 [email protected]

    Listing agent Chad Ghersanich (888) 893-3537

    Listing date Aug 27, 2025

    MLS# 2469699 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. 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.
    Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Franklinton
    County
    Washington
    State
    Louisiana
    Longitude
    -90.158916
    Latitude
    30.866875

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    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 Hwy 430 Hwy 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.
    (888) 893-3537
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    Franklinton, LA 70438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23805 Hwy 430 Hwy Franklinton, LA 70438
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