Contact Information

Mobile Home Park Details

  • Price: $950,000
  • Cap Rate: 8.0%
  • Property ID: 1584832
  • Posted On: Jan 13, 2022
  • Updated On: Mar 10, 2022

Property Description

Listing Broker : Paul Schaaf
Contact Paul Schaaf : +1-678-932-0200
ALBANY, GA -The MHP Broker is pleased to present the opportunity to purchase this 50-lot Mobile Home Park, located in Southwest Georgia. Pineview Estates offers plenty of up-side in an active market with a growing need for affordable housing. The property is near all of the area’s amenities such as Walmart and Pilot Travel Center (in walking distance to the park) and major roads, creating a convenient lifestyle for residents.

The park features 50 spaces that consist of 21 Park Owned Homes (POH), 7 Tenant Owned Homes (TOH), and 22 Vacancies. POHs were recently renovated with new roofs, HVAC, appliances, and improved interiors. Infrastructure includes city water & sewer (direct bill) and private gravel roads. The property is NOT located in a flood zone.

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Park Information

Number of MH Lots: 50
Total Occupancy: 42.0 %

Utility Information

Water: City
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 14

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