3819 Karleen Rd - Manufactured Housing/Mobile Housing FOR SALE


Hephzibah, GA 30815- Jamestown
$2,000,000 USD
949-996-7679
3819 Karleen Rd, Hephzibah, GA for Sale
$2,000,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/7
null | 6.49% Cap Rate

3819 Karleen Rd
Hephzibah, GA 30815
Jamestown


HIGHLIGHTS

  • Value-Add Asset: Recent improved community with value-add opportunity.
  • 43% Occupied: Immediate upside with lease-up of the vacant lots and vacant units.
  • All-Age Community: All-age, family-oriented community
  • Lease-Up Vacant Spaces: New tenant rents achieving up to $400 per month.
  • Strong Market: Major nearby employers include Fort Eisenhower and Augusta University Medical Center
  • Immediate Upside: Near-term growth potential through infilling vacant sites and leasing up POH's.

OVERVIEW

Jennifer Stein Real Estate, in conjunction with CRI Real Estate, is pleased to present Pinederosa Park — a 60-pad manufactured housing community in the greater Augusta, Georgia metro area offering a compelling value-add opportunity with rare, investor-friendly seller financing. The property is 43% occupied with 26 of 60 sites filled — 14 park-owned homes (POH) and 12 tenant-owned homes (TOH). The remaining 34 sites are vacant and utility-ready: 20 have homes available and 14 are open pads. An investor has the ability to more than double occupied site count with no major infrastructure investment, creating a clear and executable path to significantly higher NOI. The seller is offering owner financing, preserving capital and maximizing early cash-on-cash returns. For qualified buyers, the seller is also open to creative financing structures — a distinct advantage in today's lending environment Augusta's strong demand for affordable housing provides a deep prospective tenant pool, including residents qualifying for Section 8 and other housing assistance programs, supporting a reliable lease-up trajectory. Pinederosa Park presents a rare combination of immediate income potential, significant occupancy upside, and flexible seller financing — making this an exceptional opportunity for investors looking to acquire a well-positioned asset on favorable terms.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$1,333 USD /SF

# OF UNITS

60

PRICE/UNIT

$33,333

CAP RATE

6.49%

% LEASED

43%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pinederosa Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

26.04 AC

LAND SF

1,134,302 SF

ZONING

A

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas BeniamenJennifer Stein Real Estate IncMore Info
949-996-7679

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Thomas BeniamenJennifer Stein Real Estate IncMore Info
949-996-7679

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