• Franklinton, LA 70438

  • Other / Rent To Own

Property Details for null St, Franklinton, LA 70438

Features

Facts

Sale Type

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

Description

Hands Down The Best MOBILE HOME PARK on The Market, Runs Like a Well Oiled Machine & Has Even More Room To Grow!nEven If You Have Never Considered a Mobile Home Park, You've Got To Come See This Place, The Possibilities & Cashflow Are Endless!nThe 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).nnGet This, Each Mobile Home Has Its Own Water Meter and Water is City Sourced by Franklinton Water Corporation.nnAggressive Improvements Have Resulted in Higher Rents with New Tenants & The Average Monthly Income is Trending Upward!nThe Park Has a Great Reputation Making It Easier To Keep Peak Occupancy! nRespected Park Manager On Site For The Past 2.5 Years So This Place Is Turn-Key-Ready!nnSection 8 Approved But Only 2 Tenants Have OnBoarded Into The Program, Leaving You With Opportunity To Further Increase Rents.nnThe Park is 2 Miles From The Center of The City!nIf 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! nnThe 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. nnAverage Monthly IncomenLast 3 months: $13,101nLast 6 months: $12,700nLast 12 months: $11,600nnWay Too Many Details To List, Pass By The Park and Check It Out Or Call With Any Questions!

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Property Brokerage: Epique Realty 1428 Gause Blvd. Suite 102 Slidell LA 70458
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All information provided is deemed reliable, but is not guaranteed and should be independently verified.