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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10313919
Sold Date 09/11/24
HOA Y/N No
Year Built 1996
Annual Tax Amount $7,000
Tax Year 2023
Lot Size 30.930 Acres
Acres 30.93
Lot Dimensions 30.93
Property Sub-Type Multi Family
Source Georgia MLS 2
Property Description
Incredible opportunity to expand your investment portfolio by adding these 4 established Mobile Home Parks in Waycross, GA with HUGE growth protentional! Proven rental history, full occupancy and value-add potential here make this a prime opportunity to capitalize on the housing shortage in Waycross. This package includes 6 land parcels with 38 singlewide mobile homes currently generating a monthly income of $25,637.00 with most units under market average for rents. This investment offers substantial value-add potential as well, with over 13.7 additional acres just waiting for you to expand as well as 6 additional empty lots that are already approved for added dwellings.
Location
State GA
County Ware
Rooms
Basement None
Interior
Heating None
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Side/Rear Entrance
Community Features None
Utilities Available Electricity Individual Meters, Sewer Connected, Underground Utilities, Water Billing Prorated, Water Individual Meters
View Y/N No
Garage No
Private Pool No
Building
Faces Addresses and tax parcel IDs with directions and mobile home breakdown can be found in attached presentation and rent roll
Sewer Public Sewer, Septic Tank
Water Public, Shared Well
Structure Type Aluminum Siding
New Construction No
Schools
Elementary Schools Ruskin
Middle Schools Waycross
High Schools Ware County
Others
HOA Fee Include None
Tax ID 051A03 044B
Special Listing Condition Resale
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