The Lakes Mobile Home Park Listing Details & Market Data

Indian Trl, Thomaston, GA 30286

  • For Sale $399,000
  • Property Type Multi-Family
  • Property Size 7,000 SF
  • Units 11
  • Lot Size 16 Acre
  • Property Tenancy Single Tenant
  • Date Updated Mar 9, 2024
South Upson, GA, is a prime destination for multifamily and mobile home park investors, with its unique blend of natural beauty and modern conveniences. The area's proximity to Southern Crescent University and reputable healthcare facilities, educational institutions, and retail centers adds to its appeal. Convenient access to major highways ensures seamless connectivity to surrounding cities, creating a desirable living environment for residents. The picturesque landscape, including nearby lake , offers ample outdoor recreational opportunities for tenants. The Lakes Mobile Home Park is ideally situated to capitalize on the growing demand forhousing in this dynamic and thriving community.Discover the promising potential of investing in this flourishing market.Calling all Investors. Welcome to the Lakes mobile home park in South Upson County. Situated on 16 acres, our park features 11 well-maintained mobile homes and two scenic ponds. With 11 empty pads available, there's room for expansion, making it a welcoming community for new residents. The parks Net Operating Income (NOI) is $3,500 per month with average expenses around $900, resulting in a 11% Cap Rate. Lot#4 1965 CHAMPION CHESTNUT RIDGE 10x52 Lot #6 1964 PALM HARBOR HARBOR POINT 10x52 Lot #2 1961 CASA VILLA INC 10x52 Lot #8 1975 HORTON HMS 12x56 Lot #11 1965 FRANKLIN HOMES 10x48 Lot #1 1968 WICKES HOMES VALIANT 10x43 Lot #5 1958 MARLETTE HOMES 10X37 Lot #3 1958 REDMAN 10x48 Lot# 9 1970 CHAMPION CONCORD 12x62 Lot #7 1960 GENERAL UNKNOWN 10x43 All leases and leaders will be provided during due diligence period and please to not bother tenants. Property can be viewed during due diligence.

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Highlights

  • 11 Units with 80% occupancy
  • 16 Acres
  • 2 lakes
  • 11 Empty pads for potential expansion
  • South Upson County
  • Close proximity to Southern Crescent University

Contacts

broker

James Potts, CCIM

RE/MAX Southern

(770) 227-5555

Location

Getting Around

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    Somewhat Bikeable (10)
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  • City Thomaston, GA
  • Zip Code 30286

Points of Interest

  • BP

    2.03 miles

  • Sunoco

    2.06 miles

  • Ingles

    3.50 miles

  • Murphy USA

    4.03 miles

  • Shell

    4.85 miles

  • RaceWay

    4.94 miles

  • Circle K

    5.59 miles

  • Chevron

    6.18 miles

  • Burger King

    2.59 miles

  • Hardee's

    3.17 miles

  • Chili's

    4.12 miles

  • Wendy's

    4.64 miles

  • Chick-fil-A

    4.66 miles

  • Captain D's

    4.71 miles

  • KFC

    4.78 miles

  • Taco Bell

    4.82 miles

  • Domino's

    4.85 miles

  • Waffle House

    4.89 miles

  • Upson County Area Vocational School

    0.59 miles

  • Robert E Lee Institute

    2.11 miles

  • Upson High School

    2.21 miles

  • East Thomaston School

    2.72 miles

  • Upson-Lee South Elementary School

    3.03 miles

  • Worthy Middle School

    3.13 miles

  • Upson-Lee North Elementary School

    3.25 miles

  • Upson-Lee High School

    3.45 miles

  • Westwood School

    5.15 miles

  • Atwater School

    6.84 miles

Contact Listing Broker

broker

James Potts, CCIM

RE/MAX Southern

(770) 227-5555