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$2,750,000

LAND AND ALL 32 HOMES INCLUDED. 11% CAP RATE. This is not a lot-rent-only park. The sale of Oakview Mobile Home Park includes the 11.09-acre parcel AND all 32 park-owned homes, each 3 bedrooms/2 baths. Tenants rent the home and the lot together, so the owner collects full home rent, not just pad rent. 28 homes are occupied, 1 houses the on-site maintenance resident, and 3 are freshly renovated and ready to lease. Seller reports $327,660 gross annual rent (about $881/month per rental home) and $303,561 NOI. At the $2,750,000 asking price, that's an 11.0% cap rate and $85,938 per home, land included. Annual expenses reported by seller are $24,099 (taxes $8,554, insurance $12,246, registrations, common electric). Public water, Flood Zone X. Flat, level land under 3 homes per acre with open ground for possible expansion, subject to county approval. On West Point Rd near the Kia Georgia plant, retail, and services. Figures are seller-reported and unaudited. Buyer to verify all information. Rent roll, T-12, and home titles available with signed NDA. Do not disturb tenants; showings by appointment only.

10875745 MLS

2184 W Point Road, Lagrange

Listing courtesy of eXp Realty.

$367,914

OVER 2 ACRES of complete serenity! The gorgeous Merrick Plan by Trademark Quality Homes offers beautiful exterior welcoming you home! You'll appreciate the complete open concept with an open flow of Kitchen / Dining / Family Room. The Family Room features vaulted ceiling, large windows, and corner fireplace! Dining Room boasts trey ceiling for detail. The spacious Kitchen is nicely sized offering plenty of cabinets, topped with quartz or granite counters, and stainless appliances. The Owner's Suite offers trey ceiling, canned lighting, and luxurious bath with double vanity, garden tub, and separate tiled shower. Access to the laundry room from the Owner's Bathroom is included for convenience. Two guest rooms on the opposite side of the home share a hallway bathroom. A covered rear patio overlooks private back yard area. This home is equipped with SMART HOME technology package making for easy living! Up to $6,000 toward buyer's closing costs available when using one of builder's preferred lenders.

3 Beds ⋅ 2 Baths ⋅ 10797595 MLS

226 Robert Williams Road, Pine Mountain

Listing courtesy of Go Realty.

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