1055 Country Manor Ln Elberton, GA 30635
Cash-flowing mobile home park with renovation upside in Elberton, Georgia.
Source:
Svn
Listing Agent: Jake Creviston
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Elberton Mobile Home Park Opportunity
Located in Elberton, Georgia, known as the "Granite Capital of the World," 1055 Country Manor Lane is a mobile home park (MHP) situated on a 5.19-acre lot. The property features 27 total lots, including 24 park-owned mobile homes, 2 privately owned mobile homes, and 1 vacant lot. The park is located approximately 2 miles from the City of Elberton, nestled between Walmart, Ingles, and surrounding multi-family properties. Within the last 18 months, 10 of the 24 park-owned mobile homes have been fully renovated and re-leased. The current gross monthly rental income is $18,100+. The current owner has invested approximately $235,000 in renovations to the property. Each tenant is screened via tenant application and is required to pay 1 month's rent + security deposit (equal to 1 month's rent). The property is located minutes from downtown Elberton, with convenient access to GA State Route 77 and Highway 72, providing connections to Athens, Augusta, and Interstate 85. The surrounding area includes residential neighborhoods, local businesses, and industrial operations related to the granite and monument industries. The property has access to utilities: water (1 meter for the park, tenants reimburse), county sewer, and individual electric meters for each mobile home.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Elberton
- County
- Elbert
- State
- Georgia
- Longitude
- -82.842165
- Latitude
- 34.090858
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FAQs
What type of property is this?
Mobile home & RV park - Cash-flowing mobile home park with renovation upside in Elberton, Georgia.
Where is this mobile home & rv park located?
The property is located at 1055 Country Manor Ln Elberton, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - High cash flow potential: generates $18,100+ gross monthly rental income.; - Recent renovations: $235,000 invested, including full renovation and re-leasing of 10 out of 24 park-owned mobile homes.; - High occupancy: 27 total lots, with 24 park-owned and 2 privately owned mobile homes currently occupied.