515 Pine Bluff Rd - Manufactured Housing/Mobile Housing FOR SALE


Albany, GA 31705
$335,000 USD
615-788-1241
515 Pine Bluff Rd, Albany, GA for Sale
$335,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/22
null | Request Cap Rate

515 Pine Bluff Rd
Albany, GA 31705


HIGHLIGHTS

  • Rent is substantially below market ($230/month per pad)
  • Billing back garbage and water costs to tenants
  • Infill 7 vacant lots by instituting a marketing program/web presence

OVERVIEW

Charles Hawkins Co. is pleased to present Marion Trailer Court. Marion Trailer Court presents a compelling value-add mobile home park opportunity in the growing Albany, Georgia market. Situated in a residential corridor of Dougherty County, the park offers stable in-place income, meaningful operational upside, and strong demand for affordable housing in the region. The property contains 18 total lots, with 11 currently occupied- This park has multiple units that can be brought online through light to moderate rehab and offers investors a clear pathway to increased revenue and long-term value creation. With affordable housing demand continuing to outpace supply in Southwest Georgia, Marion Trailer Court offers investors a rare combination of stable in-place cash flow, immediate infill opportunities, and operational efficiency. This makes the property ideal for both first-time park operators and seasoned investors seeking a manageable, high-yield asset with upside.

FOR SALE DETAILS

PRICE

$335,000 USD

PRICE/SF

$21 USD /SF

# OF UNITS

18

PRICE/UNIT

$18,611

CAP RATE

Request Cap Rate

% LEASED

61%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marion Trailer Court

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.52 AC

LAND SF

240,451 SF

ZONING

-

APN/PARCEL ID

00139-00002-59C

ASK ABOUT THIS PROPERTY

Jake StumbCharles Hawkins Co.More Info
615-788-1241

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Jake StumbCharles Hawkins Co.More Info
615-788-1241

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