Calling all investors. Mobile Park for sale in Ellijay, GA. The development is nestled off Pen Dr and Tulip Lane, near downtown. There are 5 parcels, 15 lots, 13 homes (built and owner financed, there are only 13 homes on the 15 lots because an additional lot was purchased by a homeowner to give them more acreage). There are 2 vacant lots. On one of the two vacant lots, the owner has just added a new mobile home and it's in the final stages of completion. The seller will be adding an additional home to the last lot upon completion. The new buyer will be able to sell, lease and charge lot rent for additional income. If you are ready to start making money right away with no expenses, this is the investment opportunity for you!
For $950K you Purchase guaranteed
mortgage notes and collect over
$1.5M for the term of the notes.
Additional benefits to buying this land
includes, two new homes added on the vacant
lots available for your buyer to collect $$$
from selling or leasing. Seller is
currently collecting additional income
$300.00 per month on the last vacant
lot. Keep in mind, a new home will be added
soon. The seller also collects for water averaging
over $330 per month. Income from HOA
fees to be determined by new owner