6244 Houston Rd - Manufactured Housing/Mobile Housing FOR SALE


Macon-Bibb, GA 31216
$245,000 USD
404-542-6368
6244 Houston Rd, Macon-Bibb, GA for Sale
$245,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/1
null | 9.15% Cap Rate

6244 Houston Rd
Macon-Bibb, GA 31216


HIGHLIGHTS

  • 100% Occupied / Stabilized Asset
  • Low Expense, TOH Model
  • Below-Market Rents with Covered Land Play with In-Place Income
  • Simple Infrastructure
  • Entry-Level Investment Opportunity & Affordable Housing Demand Driver
  • Dual Strategy: Cash Flow + Redevelopment Upside

OVERVIEW

Located at 6244 Houston Rd in Macon, Georgia, this 8-lot, 100% occupied mobile home park presents a rare opportunity to acquire a stabilized, low-maintenance asset with immediate upside. The property consists entirely of tenant-owned homes (TOH), allowing ownership to benefit from consistent lot rent income while avoiding the operational burden and capital expenditures associated with home ownership. Each of the eight lots is occupied by long-term residents who maintain their own homes, creating a streamlined ownership model with minimal ongoing responsibilities. The park is serviced by city water and private septic, further reducing infrastructure complexity and expense exposure. A unique advantage of the property is the presence of an on-site property manager, who is also a resident and the former owner of the park. This setup provides continuity, oversight, and operational efficiency—making the investment effectively passive for absentee ownership. With below-market rents and the ability to implement utility reimbursements, the property offers clear and achievable pathways to increase NOI without requiring significant capital investment. This is an ideal opportunity for investors seeking a stable, entry-level asset with built-in upside in a growing Central Georgia market. There are 8 tenants and everyone pays $325/mo. A few tenants pay rent 4 months in advance. All rent payments occur on time and in full like clockwork. All tenants have been there for 7+ years and all are MTM, which is common for MHPs. These residents own their homes and moving a home can be cost-prohibitive. For that reason and others, there has been virtually no vacancy/turnover over the past several years.

FOR SALE DETAILS

PRICE

$245,000 USD

PRICE/SF

$31 USD /SF

# OF UNITS

8

PRICE/UNIT

$30,625

CAP RATE

9.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.53 AC

LAND SF

110,207 SF

ZONING

-

APN/PARCEL ID

N1300005

ASK ABOUT THIS PROPERTY

Joey GalantiGalanti Realty PartnersMore Info
404-542-6368

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Joey GalantiGalanti Realty PartnersMore Info
404-542-6368

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