23805 Highway 430 Highway Franklinton, LA $ 1,350,000
23805 Highway 430 Highway
$ 1,350,000
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23805 Highway 430 Highway

Franklinton, LA, 70438
$ 1,350,000
Bedrooms52 Baths0.0

Monthly Estimate*

$ 8,422

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Multi-Family Home for sale in Franklinton, LA

for $1,350,000 with 52 bedrooms. This home was built in 1968 on a lot size of 5.607.

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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Multi-Family Active

Price

$ 1,350,000

Bedrooms

52

Property Type

Multi-Family

Taxes

$ 0

Style

Mobile Home

Lot Size

5.607

Year Built

1968

Town/City

Franklinton

County/Region

Washington

MLS | Web ID

2469699

Features
General
Sewer Septic Tank
Heating Other
Cooling Other
Roof Other
Architectural Style Mobile Home
Construction Materials Modular/Prefab
Year Built 1968
Stories Count 1
Levels One
Property Subtype Other
County Washington
Property Type Residential Income
Subdivision Name Not a Subdivision
Total Rooms 0
Full Baths 0
Status Active
City Franklinton
Number Of Units Total 0
Property Condition Very Good Condition
Standard Status Active
Property Sub Type Additional Other
Legal Description 5.607 ACRES IN SECTION 24-2-10
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Exterior
Parking Features One Space Two Spaces
Lot Features 1 to 5 Acres 6-10 Units/Acre Outside City Limits
Water Source Public
Lot Size Area 5.607
Foundation Details Other
Lot Dimensions See Survey Attached
Lot Size Acres 5.607
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Interior
Half Baths 0
Total Bedrooms 52
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* Excluded Features
List By
Epique Realty

Broker

Chad.G.Realtor@gmail.com

Email

Affordability Calculator

$8,422
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,422
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2024$1,350,000 Listed Price

Map


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23805 Highway 430 Highway, Franklinton, LA, 70438 is a Multi-Family Home for sale at $1,350,000 with a lot size of 5.607. 23805 Highway 430 Highway has 52 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 70438 which is in Franklinton, LA