Chateau Village - for Sale in Milledgeville, Georgia
1416 Vinson Highway
Milledgeville, GA 31061
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Seller Information
Jeff OrrJC Orr Enterprises LLC
Mobile Home Park for Sale |
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| Number of MH Lots: | 17 |
| Size: | 1 acre(s) |
| Cap Rate: | 11.3% |
| Purchase Method: | Cash, Seller Financing, New Loan |
| Status: | Active |
| Property ID: | 108166 |
| Posted on: | Nov 17, 2011 |
| Updated on: | Feb 01, 2012 |
| Price: | $235,000 |
Property Description
17 total lots, 2 empty, 5 owner rentals, 10 lot rent at $150 that are long term tenants. Only expense is $1100 annual taxes and trim around the four homes, no management onsite. Each lot has individual meters.
Location Description
3 minutes from downtown Milledgeville Ga, located on a main street.
Park Information
| Number of MH Lots: | 17 |
| Total Occupancy: | 82.0% |
| Average MH Lot Rent: | $150 |
| Size: | 1.0 acre(s) |
Financial Information (Actual)
| Gross Income | $28,800 |
| Operating Expense | $1,230 |
| Net Operating Income | $27,570 |
| Expense Ratio | 4.3% |
| Debt Info |
Lot Information
| Singlewide Lots: | 14 |
| Doublewide Lots: | 1 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 5 |
| Average Rent for Park-owned Homes: | $300 |
Other Properties from Seller
|
Finnigan's Branch MHP For Sale in Milledgeville, GA $1,940,000 |
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