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224553 Bellew , 5 UNITS

Bowman, GA 30624
  • $279,900
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: 20008143
UPDATED: 9 min ago
$279,900
  • 0
    BEDS
  • 5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5
    SQFT
  • $55,980
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2002
County:
Area:

School Ratings & Info

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.

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© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Denise Clements Team | Keller Williams Realty Atlanta Partners are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Denise Clements Team | Keller Williams Realty Atlanta Partners. Data last updated: 2022-05-18T19:05:44.59.
www.denise-clements.com/homes/124251000
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224553 Bellew , 5 UNITS Bowman, GA 30624

  • Price: $279,900
  • Status: Active
  • On Site: 146 Days
  • Updated: 9 min ago
  • MLS #: 20008143
0
Beds
0
Baths
0
½ Baths
5
Acres
5
SQFT
$55,980
$/SQFT
2002
Built
Neighborhood:
ELBERT
County:
Elbert
Area:
ELBERT
Property 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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Other Fencing FencedPrivacyPartial Frontage Length Total Road Frontage Length: 150 Garage YN No Lot Features Level Lot Size Area 5 Lot Size Source Public Records Lot Size Units Acres Parking Features Other Parking Total 10 Road Frontage Type County Road Road Surface Type GravelPaved Roof CompositionMetal

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 5 Building Area Units Square Feet Cooling Central Air Cooling YN Yes Flooring CarpetVinyl Heating ElectricCentralForced AirHeat Pump Heating YN Yes Living Area Source Public Records Living Area Units Square Feet

Property Features

Business Type Mobile/Trailer Park District 1115 Electric On Property YN Yes Green Building Verification Type Certified Good Cents Green Energy Efficient InsulationThermostat Listing Terms ConventionalLand Bank LoanSmall Business Loan New Construction YN No Other Structures OtherTractor Shed Property Condition Resale Property Sub Type Commercial Sewer Septic Tank Special Listing Conditions Agent OwnedInvestor OwnedRental Structure Type Other Tax Annual Amount 1146.29 Tax Year 2020 Utilities Cable AvailableElectricity AvailableWater Available Water Body Name Great Location Close To Lake Hartwell Water Source Well

GAMLS logo Listing provided courtesy of Lake Homes Realty Llc: 205-985-2991. © 2022 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


© 2022 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than The Denise Clements Team | Keller Williams Realty Atlanta Partners are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or The Denise Clements Team | Keller Williams Realty Atlanta Partners. Data last updated: 2022-05-18T19:05:44.59.
 
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The Denise Clements Team | Keller Williams Realty Atlanta Partners
1200 Commerce Drive
Peachtree City GA, 30269