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$1,350,000
488 Days On Site

23805 HIGHWAY 430 Highway
Franklinton, LA 70438

For Sale|Residential Income|Active
52
Beds
0
Total Baths
1968
Built
Subdivision:
Not a Subdivision
County:
Washington
Call Now: 985-467-7355
Is this the listing for you? We can help make it yours.
985-467-7355
23805 HIGHWAY 430 Highway23805 HIGHWAY 430 Highway23805 HIGHWAY 430 Highway23805 HIGHWAY 430 Highway
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Monthly Payment (Est.)

$6,159
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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!

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Listing Snapshot
Price 
$1,350,000
Days On Site 
488 Days
Bedrooms 
52
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5.607 Acres
Year Built 
1968
MLS® Number 
2469699
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a year agoStatus changed to Active
a year agoListing updated with changes from the MLS®
a year agoListing first seen on site
General Features
Acres 
5.607
Cross Street 
Hwy 430
Foundation 
Other
Levels 
One
Parking Spaces 
2
Sewer 
Septic Tank
Style 
Mobile Home
Water Source 
Public
Interior Features
Cooling 
Other
Heating 
Other
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Exterior Features
Roof 
Other
Listing courtesy of Epique Realty

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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