105 Ivey Dr - Manufactured Housing/Mobile Housing FOR SALE
Milledgeville, GA 31061 |
$2,000,000 USD
954-902-5248
105 Ivey Dr
Milledgeville, GA 31061
HIGHLIGHTS
- Stable Cash Flow With Room For Upside 71 Total Sites Combined – Strong Mid-Sized Portfolio Made Up of Two Parks Located Just 3 Minutes Apart
- Utilities Billed Directly to Tenants – Water, Sewer, Electric, and Trash Are All Direct-Billed By Providers, Significantly Reducing Owner Expenses
- Convenient, In-Town Location – Both Parks Are Located Just 5 Minutes From Downtown Milledgeville; Efficient Management Opportunity – Close Proximity
- High Demand Rental Market – Milledgeville is Home to Georgia College & State University and a Growing Healthcare and Manufacturing Employment Base
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the Allen Memorial & Hardwick MHP Located on 8.22 Acres in Milledgeville, GA. This Deal Includes Stable Cash Flow With Room For Upside 71 Total Sites Combined, Offering Management Efficiency and Scale in a Single Market; Additionally, With an Attractive Tenant Mix, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$33 USD /SF
# OF UNITS
1
PRICE/UNIT
$2,000,000
CAP RATE
7.69%
% LEASED
54%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Allen Memorial & Hardwick MHP - Milledgeville
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1985
PARKING SPACES
-
LAND DETAILS
LAND ACRES
8.22 AC
LAND SF
358,063 SF
ZONING
001
APN/PARCEL ID
M13-011
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954-902-5248
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