Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1051401
  • Posted On: Apr 10, 2019
  • Updated On: Nov 26, 2019

Property Description

Capstone Manufactured Housing is pleased to present Spring Lake Mobile Home Park, a 225-site community located in Warner Robins, GA. This community is located along the I-75 corridor about 30 minutes south of Macon and 1.5 hours south of Atlanta. The property showcases two streams of rental income—Lot Rent and POH Rent. This community is currently 77% occupied with below market rents, which allows new ownership significant upside through leasing the remaining vacant sites. Immediate upside exists through utility expense recapture; thus, reducing the overall expenses by 14%. This community is centrally located in one of Georgia’s strongest manufactured housing submarkets & allows significant upside from day one.
**Click link to download offering materials:

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 225
Total Occupancy: 77.0 %
Year Built: 1985
Average MH Lot Rent: $225
Size: 65 acre(s)

Park-Owned Homes

Number of Park-owned Homes: 20

Other Listings by Kevan Enger See More

Similar Mobile Home Parks for Sale