Mobile Home Park Details

  • Cap Rate: 9.9%
  • Property ID: 1276973
  • Posted On: Jun 23, 2020
  • Updated On: Nov 13, 2020

Property Description

Capstone Manufactured Housing is pleased to present Jones Acres MHP, a 62-site community located in Macon, GA. The community is advantageously positioned near Interstate 75, offering excellent accessibility throughout the region and is less than a 15-minute drive to Downtown Macon, providing residents with a wide variety of parks, museums, shopping, dining, and other featured Macon amenities. Jones Acres has recently undergone extensive capital improvements, overhauling the community’s appearance, and maximizing operational efficiencies. This offering presents an opportunity to acquire a well-located, well-occupied community with strong operational characteristics.

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Park Information

Community Type: All Age
Number of MH Lots: 62
Total Occupancy: 92.0 %
Average MH Lot Rent: $335
Size: 19 acre(s)

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $314

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