Mobile Home Park Details
- Purchase Method: Seller Financing, New Loan
- Cap Rate: 14.0%
- Listing ID: 16804
- Posted On: Sep 27, 2010
- Updated On: Oct 19, 2010
Description
9.87 acre mobile home park. 28 mobile homes, park owned. One duplex house and one 2 bd, 1.5 ba house for a total of 31 rental units. Three out buildings used for maintenance and storage. Unused property that could be developed to accommodate 5+ RV sites. Property located in Columbia county, five miles from Grovetown and Fort Gordon Army Base, Gate 2. Ten miles from Augusta. Approximately 9 miles from Grovetown entrance to I-20. Columbia county has one of the best school systems in the state.
Location
Located on Gordon Hwy, (Hwy 78/278); five miles from Grovetown and Fort Gordon, Gate 2; 4 miles from Harlem; 10 miles from Augusta.
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Park Information
| Community Type: | All Age |
| Total Occupancy: | 100.0 % |
| Size: | 10 acre(s) |
Financial Information
| Gross Income: | $116 |
| Operating Expense: | $24 |
| Net Operating Income: | $92 |
| Expense Ratio: | 20.7 % |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
