Contact Information

Mobile Home Park Details

  • Price: $3,100,000
  • Cap Rate: 6.2%
  • Listing ID: 2940158
  • Posted On: May 18, 2023
  • Updated On: May 18, 2023


Capstone is pleased to present a 40-site community located in Cartersville, GA. This turn-key community is conveniently located in the Atlanta MSA, which has ranked 8th among the fastest growing cities in the country. More specifically, Cartersville is a short drive north of Atlanta and provides residents with gateways to the metro area, as well as popular attractions including the North Georgia Mountains, Allatoona Lake, Red Top Mountain State Park, and more. This park features a robust 95% occupancy, with only one vacant park-owned home. Additionally, this community features oversized lots which can accommodate up to four vehicles, and current ownership has done a great job maintaining the curb appeal. Finally, this property features below-market rents, illustrating room to increase revenues on day 1. This offering presents an opportunity to invest in a stabilized asset located in the Atlanta MSA with rental upside.

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Investment Highlights:
Ideally Located in the Atlanta MSA
Rent Growth Potential
Stabilized Turn-Key Asset
95% Economic Occupancy
Features Oversized Lots
Well-Maintained Community

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Park Information

Community Type: All Age
Number of MH Lots: 40
Total Occupancy: 95.0 %
Year Built: 1992
Size: 12 acre(s)

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