110 Custer Ave - Manufactured Housing/Mobile Housing FOR SALE


Eatonton, GA 31024
$1,200,000 USD
404-372-5764
110 Custer Ave, Eatonton, GA for Sale
$1,200,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 9% Cap Rate

110 Custer Ave
Eatonton, GA 31024


HIGHLIGHTS

  • Rental Income
  • Established - Low Turnover
  • Potential to increase Unit count

OVERVIEW

54-Unit Mobile Home Park Investment Opportunity. Rare opportunity to acquire a 54-unit mobile home park offering a combination of existing rental income and significant value-add potential. The property includes established mobile home sites, vacant lots available for placement of additional homes, and several seller-owned mobile homes that are included in the sale. The property provides an attractive opportunity for an investor to increase occupancy and cash flow by placing homes on vacant sites and improving the overall income-producing potential of the community. Investment Highlights: 54 total mobile home sites 13 Mobile Homes (included and rented) 40 Lots - Rented 16 Lots - Vacant Combination of occupied and vacant sites Multiple seller-owned mobile homes included in the sale Additional vacant sites provide immediate upside potential Established rental income Value-add opportunity through increased occupancy and rental rates Opportunity to improve and expand the community's income stream Attractive investment for both private and institutional investors Buyer to independently verify all information, including site count, occupancy, zoning, utilities, rents, expenses, and development potential.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$30 USD /SF

# OF UNITS

54

PRICE/UNIT

$22,222

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

54 Unit Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

18.14 AC

LAND SF

790,221 SF

ZONING

Multi Family

APN/PARCEL ID

E003-060-001,E003-060-002,E003-060-003,E003060

ASK ABOUT THIS PROPERTY

David ShockleyShockley Partners RealtyMore Info
404-372-5764

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David ShockleyShockley Partners RealtyMore Info
404-372-5764

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