23805 HIGHWAY 430, Franklinton, LA 70438

Other
IDR Rp24,307,454,529
USD $1,350,000
Published on: 10 Oct 2024
Last updated on: 18 May 2026
23805 HIGHWAY 430, Franklinton, LA 70438
23805 HIGHWAY 430, Franklinton, LA 70438
23805 HIGHWAY 430, Franklinton, LA 70438
+14
23805 HIGHWAY 430, Franklinton, LA 70438
  • 14
Property ID: 110095073082
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MULTI_FAMILY - Franklinton, LA

23805 HIGHWAY 430, Franklinton, LA 70438
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!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
22,690.74 m2
Year Built
1968
Architecture Style
Other
Num Floors
1
County
Washington
Parcel ID
0300068250
Provider
New Orleans Metropolitan Association of REALTORS®
Subdivision
Not a Subdivision
Brokerage Office Name
Epique Realty
Brokerage Office Phone
(888) 893-3537
Neighbourhoods
Not a Subdivision
Address
23805 HIGHWAY 430, Franklinton, LA 70438
Contact Agent
Chad Ghersanich
Epique Realty
650 Poydras St. , New Orleans, LA 70130
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Chad Ghersanich
650 Poydras St. , New Orleans, LA 70130
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      Property ID: 110095073082

      Original Property ID: 3yd-NOMARLA-2469699
      Data provided by New Orleans Metropolitan Association of REALTORS®, MLS #: 2469699
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      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.