581 Ila Rd - Multi-Family FOR SALE


Commerce, GA 30529
$700,000 USD
706-255-4161
581 Ila Rd, Commerce, GA for Sale
$700,000 USD
Multi-Family - FOR SALE
1/10
null | Request Cap Rate

581 Ila Rd
Commerce, GA 30529


HIGHLIGHTS

  • Income-producing mobile home park in a prime location
  • Adjacent to a large tract approved for residential development
  • Close to Hwy 441 & downtown Commerce
  • Individually metered for power; tenants pay water share monthly
  • Professionally managed with one vacant unit
  • Great investment opportunity

OVERVIEW

Income producing mobile home park in a great area! 581 Ila Rd has 7 units on 1.67 acres, Units 1, 6, and 7 pay monthly lot rent and units 2, 3, 4, and 5 are owned by the park. 603 Ila Rd is a 2248 sq ft 4 bedroom, 2 bath homes on it's own .47 acre parcel. The property adjoins a large tract that has been approved for a residential development and is located close to Hwy 441 and downtown Commerce. The homes are metered individually for power and the tenants pay their share of water each month. Professionally managed currently. There is one unit that the tenant just moved out of. Call Agent for more details!

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$7,000 USD /SF

# OF UNITS

8

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

581/603 Ila RD

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

010 002A AND 010 002E

ASK ABOUT THIS PROPERTY

Alexander PurcellKeller Williams Realty Greater AthensMore Info
706-255-4161

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Alexander PurcellKeller Williams Realty Greater AthensMore Info
706-255-4161

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