23805 HIGHWAY 430, Franklinton, LA 70438

Building Details

Year built

1968

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 Sep 27, 2024

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MLS# 2469105

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, includes 23 mobile homes, with 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, and water is city-sourced by Franklinton Water Corporation. The park has undergone major improvements, resulting in higher rents with new tenants, and the average monthly income is trending upward. The park maintains a strong reputation, contributing to peak occupancy. A respected park manager has been on-site for the past 2.5 years. The park is Section 8 approved, with an opportunity to further increase rents. Located 2 miles from the center of the city, the grounds have been well-maintained. Two storage sheds will remain with the property. 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 is zoned Mhp and is intended for use as a mobile home park.

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

-90.157866

Latitude

30.866982

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with 23 units on 5.67 acres.

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: Proven average monthly income trending upward (last 3 months: $13,101).; Turn‑Key Ready: Respected park manager on site for 2.5 years.; Growth Potential: Opportunity to increase rents through Section 8 program onboarding.