Swartz Co Commercial Real Estate is excited to be appointed as the exclusive broker for a remarkable investment opportunity – this 16-unit mobile home park for sale. Situated in the rapidly growing and highly sought-after market of Cumming, Georgia, one of the hottest markets within the Atlanta MSA, this portfolio offers immediate cash flow with incredible upside potential.
The NOI stands at $160K, resulting in a 7.1% cap rate with a pro forma at an 8.4% cap rate, ensuring stable and predictable revenue. The park is currently 100% occupied, providing consistent income from reliable tenants already leasing the homes. With no vacancies and a solid rental history, this is a prime opportunity for investors.
Feel free to contact Ryan Swartzberg for the rent roll or any questions regarding the property.