23805 Highway 430 Franklinton, LA 70438
Estimated payment $7,431/month
About This Home
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
Home Type
- Mobile/Manufactured
Est. Annual Taxes
- $4,199
Year Built
- Built in 1968
Lot Details
- 5.61 Acre Lot
- Density is 6-10 Units/Acre
- Property is in very good condition
Parking
- 2 Parking Spaces
Home Design
- Entry on the 1st floor
- Modular or Manufactured Materials
Interior Spaces
- 52 Bedrooms
- Property has 1 Level
Additional Features
- Outside City Limits
- Septic Tank
Community Details
- Not A Subdivision
Listing and Financial Details
- Assessor Parcel Number 0300068250
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,199 | $49,370 | $0 | $0 |
| 2023 | $4,213 | $42,820 | $14,030 | $28,790 |
| 2022 | $4,781 | $42,820 | $14,030 | $28,790 |
| 2021 | $4,905 | $42,820 | $14,030 | $28,790 |
| 2020 | $4,900 | $49,370 | $14,030 | $35,340 |
| 2019 | $2,683 | $26,990 | $3,650 | $23,340 |
| 2018 | $2,683 | $26,990 | $3,650 | $23,340 |
| 2017 | $1,764 | $17,570 | $2,520 | $15,050 |
| 2015 | $1,782 | $17,570 | $2,520 | $15,050 |
| 2013 | $1,905 | $17,570 | $2,520 | $15,050 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/04/2024 10/04/24 | For Sale | $1,350,000 | +50.0% | -- | |
| 08/30/2019 08/30/19 | Sold | -- | -- | -- | View Prior Sale |
| 07/31/2019 07/31/19 | Pending | -- | -- | -- | |
| 04/03/2019 04/03/19 | For Sale | $900,000 | +2.9% | $462 / Sq Ft | |
| 11/09/2017 11/09/17 | Sold | -- | -- | -- | View Prior Sale |
| 10/10/2017 10/10/17 | Pending | -- | -- | -- | |
| 05/10/2017 05/10/17 | For Sale | $875,000 | -- | $4 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $710,000 | -- | |
| Cash Sale Deed | $600,000 | None Available |
Source: ROAM MLS
MLS Number: 2469699
APN: 030-0068250
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