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Address is 12 Old Roving Rd / 5588 Hwy 20 Cartersville, GA 30121

Mike Nissley

Colliers International Manufactured Housing

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75 & Woodsong MHCs

Manufactured Home Community for Sale in Cartersville, Georgia

12 Old Roving Rd / 5588 Hwy 20
Cartersville, GA 30121

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Sale Price: $2,875,000

Contact Information

Mike Nissley
Colliers International Manufactured Housing

Mobile Home Park for Sale

Number of MH Lots: 66
Status: Active
Property ID: 978360
Posted on: Aug 13, 2018
Updated on: Aug 28, 2018
Price: $2,875,000

Property Description

The Colliers Manufactured Housing Group is pleased to present the opportunity to acquire 75 & Woodsong MHC located in Cartersville, GA, approximately 45 miles northwest of Atlanta, GA. Woodsong MHC totals 36-sites and has three community-owned homes. 75 MHC totals 30-sites and has nine community owned homes.

Investment Highlights:

66 sites, 2 mobile home communities and 12 park-owned homes

Cap Rate 8.5% | Per site +/- $40,000

Cartersville is located within the Atlanta MSA,one of the highest growth metro markets in the southeast United States

Future Job growth in Cartersville over the next ten years is predicted to be 39%, according to Sperling's Best Places

Conveniently located on US-41 and GA-20, less than a mile from I-75 and other amenities such as Walmart, Cartersville Medical Center and more

Average daily traffic counts for US-41 are over 32,000 and 19,000 for GA-20.

City water and sewer with upside in utility reimbursement.

Contact: mike.nissley@colliers.com

(561)479-1588

865-456-4047

Due Diligence Website: CREXi Link: https://www.crexi.com/properties/108720

Park Information

Number of MH Lots:66

Utility Information

Water:City
Sewer:City