Mobile Home Park Details

  • Cap Rate: 9.2%
  • Listing ID: 3187503
  • Posted On: Jun 20, 2023
  • Updated On: May 13, 2024


Investment Highlights:

64 lots

34 mobile homes

30 POH, 4 TOH

Massive Value Add Opportunity

Massive opportunity in the rapidly growing state of Georgia


Cordele Georgia

Located off of i-75 in the watermelon capital of the world Just an 11 minute drive from Crisp County Regional Airport

Within a 10 minute drive of: Walmart, Starbucks, South Georgia Chrysler Dodge Jeep Ram, Home Depot, Cracker Barrel, Wendy's and the Crisp Regional Hospital

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

Park Information

Number of MH Lots: 64
Total Occupancy: 66.2 %

Financial Information (Actual)

Gross Income: $345,840
Operating Expense: $54,260
Net Operating Income: $174,580
Expense Ratio: 15.7 %

Utility Information

Water: Well
Sewer: Septic

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