$1,350,000

23805 Highway 430 Franklinton, LA 70438

Estimated payment $7,828/month

Total Views 3,836
52 Beds
-- Bath
-- Sq Ft
-- Price per Sq Ft

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 IncomeLast 3 months: $13,101Last 6 months: $12,700Last 12 months: $11,600Way Too Many Details To List, Pass By The Park and Check It Out Or Call With Any Questions!

Listing Agent

Chad Ghersanich

Epique Realty License #NOM:995700801 Listed on: 10/04/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,199

Lot Details

  • 5.61 Acre Lot
  • Property is in very good condition

Parking

  • 2 Parking Spaces

Home Design

  • Modular or Manufactured Materials

Interior Spaces

  • Property has 1 Level

Utilities

  • Propane
  • Septic System
  • Internet Available

Community Details

  • 23 Units
  • Not A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0300068250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,199

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Dwelling Type: Other
  • Style: Mobile Home
  • Condition: Vrgd
  • ADA Features: No
  • Legal Description: 5.607 ACRES IN SECTION 24-2-10
  • Building Stories: 1.00000
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Exterior: Modular or Panelized Construction
  • Foundation: Other
  • Roof Type: Other

Garage/Parking

  • Car Storage: One, Two
  • Internet: Yes

Utilities

  • Air Conditioner: Other
  • Electricity Provided By: Wst
  • Gas Type: Propane
  • Heating: Other
  • Sewer Type: Septic
  • Water Type: Public

Association/Amenities

  • Termite Contract: No

Lot Info

  • Acres: 5.6070
  • Elevation Certificate: No
  • Lot Description: 1-5 Acres, 6-10 Acres
  • Lot Size: See Survey Attached
  • Parcel #: 0300068250

Green Features

  • Green Building Cert Attached Y N: No

Rental Info

  • Lease Purchase Poss: No

Multi Family

  • Total Bedrooms All Units: 52
  • Total Rent All Units: 13000
  • Total Units: 23

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 For Sale $1,350,000 +50.0% --
08/30/2019 08/30/19 Sold -- -- --
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 -- -- --
10/10/2017 10/10/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $875,000 -- $4 / Sq Ft
Source: Gulf South Real Estate Information Network

Purchase History

Date Type Sale Price Title Company
Deed $710,000 --
Cash Sale Deed $600,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $488,114 New Conventional
Source: Public Records

Source: Gulf South Real Estate Information Network

MLS Number: 2469699

Gulf South Real Estate Information Network

APN: 030-0068250