23805 HIGHWAY 430, Franklinton, LA 70438

Building Details

Year built

1968

Floors in Building

1

Number of units

23

Architectural style

Other

Listing agent Chad Ghersanich License #995700801 Show Phone

Listing office Epique Realty l***@epiquerealty.com 650 Poydras St., New Orleans, LA Show Phone

Listing date Oct 4, 2024

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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.

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Overview

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. Recent improvements have led to increased rents with new tenants, contributing to a rising average monthly income. The park benefits from a strong reputation, facilitating high occupancy rates. A respected park manager has been on-site for the past 2.5 years. The property is Section 8 approved, with 2 tenants currently participating in the program. Located 2 miles from the center of Franklinton, the park includes two storage sheds. The grounds are well-maintained. 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. The property offers potential for further income growth.

Suggested Use

Restaurant Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Department Store Garden Center Discount Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Franklinton

County

Washington

State

Louisiana

Longitude

-90.15894

Latitude

30.866875

Nearby Similar for Sale

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• 

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  Franklinton Mobile Home Park Opportunity

  Mobile home park with 23 units on 5.67 acres.

  23805 HIGHWAY 430, Franklinton, LA 70438

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with room to grow, near city center.

Where is this mobile home & rv park located?

The property is located at 23805 HIGHWAY 430 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: Average monthly income trending upward, currently at $13,101 (last 3 months).; Turn‑Key Operation: Well‑maintained mobile home park with a respected park manager on site for 2.5 years.; Growth Potential: Opportunity to increase rents through Section 8 program and filling vacancies.