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Mobile Home Park Details

  • Price: $479,000
  • Cap Rate: 12.0% (Actual)
  • Listing ID: 6948803
  • Posted On: Jul 23, 2025
  • Updated On: Jul 23, 2025

Description

Investor Special CASH COW! 17.5-acre mobile home park generating over $5,000/month with low overhead. Minimal owner involvement—tons of upside with room to expand into the undeveloped acreage. Close to Sardis Lake’s Teckville Recreation Area, which has plans to be redeveloped into a resort-style venue. With a hands-off owner and no recent efforts made to expand or improve operations, this is a true value-add opportunity for a savvy investor. Over 50% of the current income is cash. There is approximately 7 acres of undeveloped area on this property. Don't miss your chance to capitalize on this rare, income-generating asset with upside potential!

Location

Close to Sardis Lake. This property borders the Corp of Engineers land

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Park Information

Community Type: All Age
Number of MH Lots: 30
Total Occupancy: 50.0 %
Average MH Lot Rent: $350
Size: 18 acre(s)

Financial Information (Actual)

Gross Income: $5,480
Operating Expense: $350
Net Operating Income: $5,130
Expense Ratio: 6.4 %
Debt Info: There is a lien on the property

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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