fbpx
Property Description

This offering is an opportunity to own the best of both worlds of a Mobile Home Park and Apartment building all on the same property. The whole property is a little less than 3 acres. Here is a 24-unit income producing property consisting of an 8- unit apartment property and 7 mobile homes all on the same lot. Currently there are 15 rentable units. The new owner has an opportunity not only to increase the monthly cashflow but also to increase the value by adding an additional 9 mobile homes to fill up the park. The 8-unit property consists of 8 efficiency units renting at $700 per month. A brand-new roof was just installed less than 60 days ago on the apartment building. There is also a brand-new septic tank installed on the property less than 6 months ago. The mobile homes range from 2- 3 bedrooms paying $800-$1000+ per month. The Park currently averages $7500 per month in rental income. The owner pays the utilities on the apartment building and the water on the whole park. There is only one space paying just lot rent. All others are owned mobile homes. The mobile home park is in a great location close to the Atlanta Motor Speedway. Please do not disturb the tenants. Walkthrough during due diligence period. Hurry, this will not last!!! Owner/Agent 24-UNIT Income Producing Mobile Home Park/apartment

Features
: Electric
: Electric
Over 1 Space per Unit
Address Map
US
GA
Spalding
Griffin
none
30223
Old Atlanta Road
2255
0
W85° 51' 10''
N33° 26' 51.2''
PLEASE GPS
Additional Information
MERKERSONAND
Cowan Road
Griffin
Cowan Road
0 Sqft
None
REXE01
Active
103 01017
Septic Tank
$3,000
2022
$0
None
15
Other
0
Multi Family (5+ Units),other
Electricity Billing Prorated
Public

Residential Income For Sale

2255 Old Atlanta Road, Griffin, Georgia 30223

0 Bedrooms
0 Bathrooms
2.64 Sqft
$849,999
Listing ID #20122260
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 20122260
Price : $849,999
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Year Built : 1960
Lot Area : 2.64 Sqft
Property Subtype : Single Family Residence
Contact Agent