Description
TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $2,925; 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
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange/Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Link Brokerages are marked with the Internet Data Exchange/Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is deemed reliable but is not guaranteed. © 2022 Georgia MLS. All rights reserved. Updated: 22nd September, 2023 6:19 PM (UTC)
The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information is deemed reliable but is not guaranteed. © 2022 Georgia MLS. All rights reserved. Updated: 22nd September, 2023 6:19 PM (UTC)
Listing Agent:
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