* Tranquil Lane, Unit 0
Property Description
Paradise Park presents an exceptional opportunity to acquire a six-unit mobile home park in Waynesville, Georgia. Situated on approximately 3.10 acres along Tranquil Lane, this income-producing community has six park-owned single-wide mobile homes and is offered at an attractive asking price of $385,000. The property currently generates a gross scheduled rent of $4,505 per month ($54,060 annually), with five homes occupied and one unit undergoing renovations that is expected to provide immediate upside upon lease-up. Served by a private well and septic systems, Paradise Park offers a simple and efficient operating structure while minimizing utility infrastructure costs. Located in the heart of Coastal Georgia, Paradise Park benefits from continued demand for affordable workforce housing and convenient access to the employment centers of Brunswick, Jesup, and the surrounding region. Whether you're expanding an existing mobile home park portfolio, completing a 1031 exchange, or entering the manufactured housing sector for the first time, Paradise Park offers an attractive combination of current cash flow, value-add potential, and long-term investment stability. At approximately $64K per park-owned home, the property represents an affordable acquisition opportunity in a high-demand asset class.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $385,000 |
| Lot Size: | 5,196.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-VMLSGA-154528
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