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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0BEDS
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5ACRES
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0BATHS
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01/2 BATHS
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5SQFT
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$55,980$/SQFT
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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