56 Egypt Rd - Manufactured Housing/Mobile Housing FOR SALE


Thomasville, GA 31757
$275,000 USD
229-244-3535
56 Egypt Rd, Thomasville, GA for Sale
$275,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/15
null | 10.54% Cap Rate

56 Egypt Rd
Thomasville, GA 31757


HIGHLIGHTS

  • 100% Occupancy
  • Lot Rent Only Setup

OVERVIEW

Camellia Estates Mobile Home Park is a well-positioned mobile home park located in the quiet and desirable northeast Thomas County area of charming southwest Georgia. This proven, stabilized, and affordable investment represents an excellent opportunity to add to or start a portfolio, with minimal effort required to begin collecting income immediately upon closing. The property consists of 10 single-wide mobile home lots, all operating under a lot-rent-only model. Nine lots rent at $350 per month, while the manager’s lot rents at $300 per month, providing on-site oversight at a discounted rate. All mobile homes are tenant-owned, significantly reducing landlord responsibilities and ongoing maintenance exposure. Proforma cap rate of 10.53% at 30% operating expense factor. Infrastructure includes a shared deep well, individual septic tanks for each unit, and a private dirt interior road. Tenants are direct-billed by the utility company for their own electricity and internet, while the landlord provides dumpster service. The total site spans approximately ±4.197 acres, offering low density and a quiet residential setting. The site is at full density now - no room for expansion. Camellia Estates offers stable cash flow with limited landlord duties, making it an attractive hands-off investment. Rent roll and financials are available to qualified prospects. With its simplified operations, tenant-owned homes, and established occupancy, this property is well-suited for investors seeking reliable income in a rural setting and growing market.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$32 USD /SF

# OF UNITS

10

PRICE/UNIT

$27,500

CAP RATE

10.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.19 AC

LAND SF

182,516 SF

ZONING

Mobile Home Park

APN/PARCEL ID

014-100-A

ASK ABOUT THIS PROPERTY

Thomas CallColdwell Banker Commercial Premier Real EstateMore Info
229-244-3535

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Thomas CallColdwell Banker Commercial Premier Real EstateMore Info
229-244-3535

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