Franklinton LA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 52
- Lot size:
- 5.61 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- 2469699
- Subdivision:
- Not a Subdivision
View additional info
Courtesy: Epique Realty
888-893-3537
ADDITIONAL INFORMATION
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!
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 16
- Lot size:
- 2 Acres
- Year built:
- 2004
- Baths:
- 10.00
- MLS#:
- 2463981
- Subdivision:
- Not a Subdivision
View additional info
Courtesy: Goings Group Real Estate Services, Inc.
985-322-2103
ADDITIONAL INFORMATION
Here is your rental business ready to go! Apartments sit on 2 acres in the high demand Pine area. There are 4 buildings- First building has 2 2Bed/1Bath. Second building has 1 2Bed/1Bath with 2 bonus rooms. Third building has 1 3Bed/2Bath unit and unfinished unit could be converted to another 3Bed/2Bath unit. Fourth building has 2 2Bed/1Bath units. All 2Bed units have been renovated since current owners purchased in 2016 with the most recent renovations this year. Car wash sits on 0.25acres next to apartments in the center of Pine community. Monthly income (all approximate) from carwash $500, ice machine $500, ATM $250, vacuum $200, coke machine $50, vending machine $35 Bob Magee property sits on 1 acre in outskirts of Enon. 3Bed/2Bath cottage produces $850/month All units are currently occupied. Car wash and Apartments property has 378ft of hwy 62 frontage in high traffic area. Seller is a Licensed Real Estate Agent.
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Franklinton Real Estate
The median home value in Franklinton, LA is $165,300. This is higher than the county median home value of $113,900. The national median home value is $338,100. The average price of homes sold in Franklinton, LA is $165,300. Approximately 43.17% of Franklinton homes are owned, compared to 39.09% rented, while 17.74% are vacant. Franklinton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Franklinton real estate agent to arrange a tour today!
Franklinton, Louisiana 70438 has a population of 3,646. Franklinton 70438 is more family-centric than the surrounding county with 30.27% of the households containing married families with children. The county average for households married with children is 26.23%.
The median household income in Franklinton, Louisiana 70438 is $28,810. The median household income for the surrounding county is $39,168 compared to the national median of $69,021. The median age of people living in Franklinton 70438 is 40 years.
Franklinton Weather
The average high temperature in July is 92.4 degrees, with an average low temperature in January of 37.7 degrees. The average rainfall is approximately 63.2 inches per year, with 0.1 inches of snow per year.