Creekside Community is approximately 10 acres located in the city of Cedartown about 1/4 mile from Cedartown Industrial Park.  The property is bordered by Cedar Creek, and the Silver Comet Trail cuts through a corner of the property.  Tenants can walk or bike to jobs in the Industrial Park or in the city.

The park consists of 48 park-owned units, one 2 B/R house, and one vacant pad. 10 of the older, smaller units have been sold to members of the Hispanic community and are on lot rent at $250 per month.  The other units and the house rent weekly from $90 to $120 and monthly from $350 to $480. There is no limit to how many units could be sold if that is the direction an owner wants to take.

Excellent on-site manager and maintenance man want to stay with a new owner. Manager lives in a double-wide at the park entrance and is available 24/7.

There is a large metal shop/storage building with a roll-up door, as well as another storage shed.  Approximately 75% of the park roads are paved.

Water, sewer, and garbage are furnished by the park.  All units are separately metered for gas and electric.

From 3rd quarter 2007 through 2nd quarter 2008 the park grossed $207,000.00.  Total expenses run about $100,000 per year.  There is probably room for improvement on the expense side.

The property is in the 100 year flood plain, but has not flooded in 20 years since a dam was built on the creek.  I am told it is scheduled to come out of the flood plain at some point.

Sale price $495,000.  Owners will consider a first (not a subordinate) position mortgage with half down.  If interested, please contact by email at jdyer2@comcast.net

PLEASE DO NOT CONTACT MY EMPLOYEES WITHOUT MY PERMISSION. IF YOU JUST CAN'T RESIST, THEN DON'T BOTHER CONTACTING ME.