23805 Highway 430 Franklinton, LA

Highway,franklinton, Home For Sale

Price: $1,350,000
Address: 23805 Highway 430
City: Franklinton
State: LA
Zip:
Amenities: Storage
Fee: No
Provided By: RealtyWW

Description:

Hands Down The Best MOBILE HOME PARK on The Market, Runs Like a Well Oiled Machine and 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 and 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 and 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 and 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!

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