Pine Glen MHP - for Sale in Griffin, Georgia
1795 N Mcdonough Rd
Griffin, GA 30223
View on Map
Mobile Home Park for Sale |
|
| Number of MH Lots: | 116 |
| Size: | 39 acre(s) |
| Cap Rate: | 11.5% |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 113114 |
| Posted on: | Jan 10, 2012 |
| Updated on: | May 15, 2012 |
| Price: | $2,000,000 |
Property Description
OWNER IS LOOKING FOR OFFERS. SERIOUS INQUIRIES ONLY. CALL FOR MORE INFO.
NO OWNER FINANCING SORRY!
The Pine Glen Community is professionally maintained by the owner's management and homes have always been kept presentable for incoming tenants. The community operates on 2 Wells and several septics. The Wells have never given the owner any trouble and have always tested clean every week. Pine Glen has clean paved roads and 116 lots. 99 homes are owned by the park and 17 are lot rental or vacant spaces.
Pine Glen is in a great location right outside of Atlanta GA in the city of Griffin. It is within a 5-10 minute ride to I-75 (Atlanta Freeway) and is very close to McDonough GA and the Del Webb development Sun City.
Location Description
Griffin Georgia has seen a lot of movement in the recent years. There have been several companies that have taken advantage of the new industrial development being built in the area and Griffin will see increased job growth once the development is finished in the coming years. Griffin is a great place for outdoor camping, fishing, and shopping. Much of the town's employment comes from McDonough Georgia's industrial market and Atlanta.
NOT FOR YOU? CHECK OUT MY OTHER DEALS!
http://www.loopnet.com/profile/3982695261/Maxwell-Baker/
I HAVE ACCESS TO UNLISTED PARKS TOO! Call/Email me for Deals
Park Information
| Number of MH Lots: | 116 |
| Total Occupancy: | 65.0% |
| Size: | 39.0 acre(s) |
Financial Information (Actual)
| Gross Income | $395,785 |
| Debt Info |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 99 |
Other Properties from Broker
|
215-Space Mobile Home Park For Sale in Lavonia, GA $2,300,000 |
|
Hawaiian Village MHP For Sale in Macon, GA $450,000 |
|
Vineyard Way MHP For Sale in Griffin, GA $385,000 |
|
Lands End MHP For Sale in Warner Robins, GA $1,300,000 |
See All 7 Listings
Email Broker





