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MOBIL · For Sale

2245 TO 2253 Bellew DR, Bowman Active

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Asking price
$259,900
Price / SF
$51,980.00
Cap rate
Sale type
Property type
MOBIL
Property subtype
MOBIL
Building class
Building size
5 sq ft
Year built
2002
NOI
Tenancy
Building height
Building FAR
Lot size
5.00 acres
Zoning
R1
Frontage
150 ft
Listing #
EN-0397
MLS #
20147629

TURN KEY INVESTMENT with Great returns (CAP Rate 11%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Singlewide mobile homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.

Location

GAMLS
Listed by Lake Homes Realty LLC
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 20147629

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