Address: Indian Trl, Thomaston, Georgia, US
Created date: May 8, 2024
Date last updated: May 15, 2024
- 11 Units with 80% occupancy
- 16 Acres
- 2 lakes
- 11 Empty pads for potential expansion
- South Upson County
- Close proximity to Southern Crescent University
Property Description
Calling all Investors. Welcome to the Lakes mobile home park in South Upson County. Situated on 16 acres, our park features 11 well-maintained mobile homes and two scenic ponds. With 11 empty pads available, there's room for expansion, making it a welcoming community for new residents. The parks Net Operating Income (NOI) is $3,500 per month with average expenses around $900, resulting in a 11% Cap Rate.
Lot#4 1965 CHAMPION CHESTNUT RIDGE 10x52
Lot #6 1964 PALM HARBOR HARBOR POINT 10x52
Lot #2 1961 CASA VILLA INC 10x52
Lot #8 1975 HORTON HMS 12x56
Lot #11 1965 FRANKLIN HOMES 10x48
Lot #1 1968 WICKES HOMES VALIANT 10x43
Lot #5 1958 MARLETTE HOMES 10X37
Lot #3 1958 REDMAN 10x48
Lot# 9 1970 CHAMPION CONCORD 12x62
Lot #7 1960 GENERAL UNKNOWN 10x43
All leases and leaders will be provided during due diligence period and please to not bother tenants. Property can be viewed during due diligence.