2550 E Shotwell St - Manufactured Housing/Mobile Housing FOR SALE


Bainbridge, GA 39819
$2,995,000 USD
850-661-7066
2550 E Shotwell St, Bainbridge, GA for Sale
$2,995,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/6
null | Request Cap Rate

2550 E Shotwell St
Bainbridge, GA 39819


HIGHLIGHTS

  • Heavy Traffic on mobile homes- desirable

OVERVIEW

Conveniently located off of US-84N. Recently re-developed mobile home park offering high volume of traffic and consistent sustained occupancy of 100%. Monthly income net of $29,500 with 27 homes available on the park. Potential to increase net monthly rent with annual renewals and addition of home to existing vacant lot. The mobile home park offers a range of 2 -4 bedroom floorplans with single and double wide options. Rents vary from $895 to $1295 monthly, with newer 2024 homes available on the park. All homes have been updated/ remodeled not to include the 2023/2024 homes available. Homes offer Central HVAC, individual septic tanks and w/d hookup and kitchen appliances. Community Mailboxes available on-site with individual meters for electric/water and septic tanks per home. All homes have been inspected and permitted through the City of Bainbridge.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$111 USD /SF

# OF UNITS

27

PRICE/UNIT

$110,926

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rivertown Commons Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

C4- Commercial

APN/PARCEL ID

0076D050

ASK ABOUT THIS PROPERTY

Shelley BrooksonIpad ManagementMore Info
850-661-7066

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Shelley BrooksonIpad ManagementMore Info
850-661-7066

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.