Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1230860
  • Posted On: Mar 18, 2020
  • Updated On: Apr 1, 2020

Description

Meadow View is selling via online auction. The bidding has already started and ends on March 26th at 12 noon. *** Current bid while posting this ad is $66,000*** Price will go up as auction nears the end.
Please contact Joe Lanier for all details 912-531-7007. Also please visit southauction.com and view complete info sheet and rent role.

• 18174, US Hwy 1, Wrens, GA
• 19.76+/- acres
• MHP near Augusta with good cashflow
• Potential to develop additional 2 acres
• RV lots on front side of park
• 32 total lots in the park
• 19 park owned homes
• 13 park owned homes are occupied
• 6 park owned homes are unoccupied
• 2 lots are rented and paying lot rent
• 4 stick-built homes (Lots 9, 10, 11, 12)
• 4 Possible lots are labeled on the map that could be developed. They are not counted in the overall total (Lots 49, 51, 53, 55)
• 16 camper lots are vacant on the front right of the mobile home park. These lots have septic, water, and power. Not labeled on map and not counted in the overall total.
• 5 lots are serviced by well, the remaining lots are serviced by city water. Tenants pay city water.
• Property tax approx.. $2600 per year
• Ad valorem tax on mobile homes approx.. $4500 per year
• Total Rent income per month: $5,100
• Jefferson County Tax ID's: 0100 078

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

Park Information

Community Type: All Age
Number of MH Lots: 32
Average MH Lot Rent: $175
Size: 20 acre(s)

Financial Information

Gross Income: $5,100

Lot Information

Doublewide Lots: 32

RV Information

Number of RV Lots: 16

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 19
Average Rent for Park-owned Homes: $400