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Golden Isles RV Park

Manufactured Home Community for Sale in Brunswick, Georgia

7445 Blythe Island Highway
Brunswick, GA 31523

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Sale Price: $3,000,000

Contact Information

The Mhp Broker

Mobile Home Park for Sale

Number of MH Lots: 160
Size: 14.8 acre(s)
Cap Rate: 10.8%
Purchase Method: Cash, Seller Financing, New Loan
Status: Active
Property ID: 642457
Posted on: Mar 08, 2016
Updated on: Aug 24, 2017
Price: $3,000,000

Property Description

Lee & Associates is pleased to present the sale of the Golden Isles RV Park. The park is located approximately 15 minutes west of downtown Brunswick and about 10 miles from Jekyll Island, Sea Island, and St. Si-
mons. Currently, there are 160 RV sites and several tent sites (approximately 14 acres) available on the property. The community offers several great amenities including a pool, dog park, restaurant, coin laundry, playground, and free cable/wi-fi service. The park is on city water and sewer. Golden Is
les RV Park is a great investment for those looking at medium to large RV parks or mobile home park investors looking for strong cash flows with minimal landlord responsibility, similar to “lot rental” deals. The seller has indicated a willingness to carry paper on this deal. Also, bank financing is available for qualified investors.

Park Information

Number of MH Lots:160
Total Occupancy:75.0%
Year Built:1990
Size:14.8 acre(s)

Financial Information (Actual)

Net Operating Income$324,617
Debt Info

RV Information

Number of RV Lots:160

Utility Information

Water Paid By: Park

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes