Contact Information

Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1409909
  • Posted On: Mar 19, 2021
  • Updated On: Apr 23, 2021

Property Description

**Price TBD by Market**

Capstone Manufactured Housing is pleased to present Lithia Springs Estates. This offering includes 214-sites across 45± acres in Lithia Springs, GA, which is only 20 minutes west of Atlanta. This allows residents to benefit from the quiet living of Lithia Springs, and to also take advantage of the short drive into the capital of Georgia.

As one of the largest communities in the direct vicinity, the homes are spread out in such a way that residents benefit from having a sizable living area. Lithia Springs Estates features two significant value-add opportunities for a new owner—below-market lot rents and below-average occupancy. Filling 10-sites per year, combined with bringing rents up to the market average, would add significant value to the bottom line. This offering presents an opportunity to invest in a community with scaled entry into the Atlanta MSA, as well as excellent curb appeal and substantial rental upside.

Investment Highlights

Lot Rent Growth Potential
Upside in Filling Vacancy
Scaled Entry into Thriving Atlanta MSA
Water & Trash is Billed Back to Residents
Well-Maintained Community with Excellent Curb Appeal

Amenities

  • Pool
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Park Information

Community Type: All Age
Number of MH Lots: 214
Average MH Lot Rent: $507
Size: 45 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

Video

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