1055 Country Manor Lane offers a unique opportunity to acquire a wellpositioned cash flowing mobile home park (MHP) in Elberton, Georgia — widelyc known as the “Granite Capital of the World.” Set on a spacious 5.19 acre lot with ample parking and easy access, this park contains 27 total lots, 24 park owned
MH's, 2 private owned MH's, and 1 lot with a burnt MH. Property is nestled between Walmart, Ingles, and surrounding multi-family. The park sits +/-2 miles from the City of Elberton.
Within the last 18 months 10 of the 24 park owned MH's have been fully renovated and re-leased. The current gross monthly rental income is $18,100+. Current owner has invested +/-$235,000 in renovations to the property.
Utilities:
Water - 1 Meter for Park - Tenants Reimburse
Sewer - County
Electric - Individual MH Meters
Each tenant is screened via tenant application and is required to pay 1 month's
rent + security deposit (equal to 1/mo rent).