Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 1110101
  • Posted On: Jul 22, 2019
  • Updated On: Oct 27, 2019

Description

Salter Mobile Home Park is located in Walthourville GA, just a few miles from Hinesville and Ft. Stewart and is situated on 14 +/- acre, it's a 87 lot park with 57 park owned homes, 20 lots rented, 3 vacant lots and 2 homes being renovated. This park has never been on the market before and generates $250k per year in gross rental income. Each lot has it's own septic tank except for 2 lots that share one and water is provided by 2 deep well on-site systems. Trash is picked up weekly by the City of Walthourville and the $14 per is paid directly to the City by the tenants. Trailer rents are the lowest around and lot rents haven’t been raised in 20 years. This park has tons of upside. Broker is related to the seller.

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Park Information

Community Type: All Age
Number of MH Lots: 87
Total Occupancy: 98.0 %
Year Built: 1976
Average MH Lot Rent: $100
Size: 14 acre(s)

RV Information

Number of RV Lots: 5
Average RV Lot Rent: $150

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 57
Average Rent for Park-owned Homes: $350

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