105 Ivey Dr - Manufactured Housing/Mobile Housing FOR SALE


Milledgeville, GA 31061
$2,300,000 USD
954-902-5248
105 Ivey Dr, Milledgeville, GA for Sale
$2,300,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/8
null | Request Cap Rate

105 Ivey Dr
Milledgeville, GA 31061


HIGHLIGHTS

  • Stable Cash Flow with Upside Potential: 71 Total Sites across two parks, located just 3 minutes apart.
  • Diverse Tenant Mix: 46 Park-Owned Homes (POH), 15 Rent-to-Own (RTO) Homes, 5 Tenant-Owned Homes (TOH), and 5 Vacant Sites
  • Cost-Efficient Operations: Utilities Billed Directly to Tenants: Water, sewer, electric, and trash are all handled by providers.
  • Cost-Efficient Operations: Both parks are just 5 minutes from downtown Milledgeville.
  • High-Demand Rental Market: Milledgeville is home to Georgia College & State University.

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, the property features an attractive tenant mix, contributing to a reliable and diversified income stream. In Cooperation With Sands Investment Group Atlanta, LLC - Lic. #67374 BoR: Andrew Ackerman - Lic. GA #311619

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$39 USD /SF

# OF UNITS

1

PRICE/UNIT

$2,300,000

CAP RATE

Request Cap Rate

% 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

ASK ABOUT THIS PROPERTY

Meagan BradySands Investment GroupMore Info
954-902-5248

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Meagan BradySands Investment GroupMore Info
954-902-5248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.