E McCarty St - Manufactured Housing/Mobile Housing FOR SALE


Sandersville, GA 31082
$4,250,000 USD
561-676-4633
E McCarty St, Sandersville, GA for Sale
$4,250,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/10
null | Request Cap Rate

E McCarty St
Sandersville, GA 31082


HIGHLIGHTS

  • Newly developed 30-unit manufactured housing community
  • Demonstrated strong demand since opening with full occupancy and an established waiting list
  • Opportunity for future expansion on the 8.94-acre site
  • Each of the existing homes is separately metered for electricity

OVERVIEW

The Grove is a newly developed 30-unit manufactured housing community strategically positioned in Sandersville, Georgia. The property has demonstrated strong demand since opening, with leasing occurring quickly and the community reaching full occupancy with an established waiting list. This rapid lease-up highlights the need for quality, attainable workforce housing in the Sandersville market. Housing demand is expected to remain supported by significant employment activity throughout Washington County. In addition to Sandersville’s established mining, manufacturing and industrial base, the market is benefiting from new construction activity associated with a planned data center development as well as ongoing construction and employment activity at the nearby prison. These projects, combined with the area’s existing employers, are expected to continue generating demand for convenient workforce housing. The Grove also offers an opportunity for future expansion. The 8.94-acre site may provide the ability to add additional manufactured homes, subject to applicable zoning, permitting, utility capacity and site-plan requirements. Each of the existing homes is separately metered for electricity, providing efficient utility management and simplifying individual tenant usage. Perhaps most importantly, The Grove represents an increasingly difficult asset to replicate in Sandersville. The combination of available land, municipal water and sewer, development approvals, infrastructure costs and the challenges associated with creating new manufactured housing communities creates a meaningful barrier to entry. With strong demonstrated rental demand, a waiting list and potential room for additional units, The Grove offers an investor both immediate stabilized income and potential long-term growth.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

30

PRICE/UNIT

$141,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Grove

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.94 AC

LAND SF

389,426 SF

ZONING

R

APN/PARCEL ID

110 041A

ASK ABOUT THIS PROPERTY

Jonathan SchuemannFickling & CompanyMore Info
561-676-4633

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

Jonathan SchuemannFickling & CompanyMore Info
561-676-4633

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