Mobile Home and RV Park
For Sale
Contact for pricing
509 S Elm St, Adel, GA 31620
Portfolio includes Chaserville MHP with 41 units and Fox Run MHP with 20 units in Cook County.
Property SizeContact for details
Days on Market122
Property Features for 509 S Elm St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Premier Real Estate
(229) 244-3535
Listed By:
John Courson · License #GA
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Premier Real Estate
Investment Insights
Based on property information with market context.
Offered for sale as a rental portfolio totaling 86 properties in Cook County, Georgia. The package includes Chaserville MHP with 41 mobile home units and Fox Run MHP with 20 mobile home units, along with a community water system serving the Fox Run community.
The portfolio also includes an 18-unit package of various stick-built and mobile home units distributed throughout the city of Adel and Sparks. A package price of $2,995,000 is presented as a 10.30% cap rate based on $43,290/month potential gross and $308,506 NOI, using 5% vacancy and 37.5% operating expense factors.
Individual listings are available under MLS #’s 124223, 124224, and 124225, all offered for sale by the same seller.
The portfolio also includes an 18-unit package of various stick-built and mobile home units distributed throughout the city of Adel and Sparks. A package price of $2,995,000 is presented as a 10.30% cap rate based on $43,290/month potential gross and $308,506 NOI, using 5% vacancy and 37.5% operating expense factors.
Individual listings are available under MLS #’s 124223, 124224, and 124225, all offered for sale by the same seller.
Key Highlights
- Portfolio of 86 rental properties throughout Cook County, Georgia
- Includes Chaserville MHP with 41 mobile home units
- Includes Fox Run MHP with 20 mobile home units and a community water system
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
365
Businesses Nearby
Explore this area
Business Placement
Demographics for 31620, GA
10,822
Population
4,803
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
125.0 sq mi
ZIP Area
87
Density / Sq Mi
$51,375
Median Household Income
$32,401
Median Earnings
$901
Median Rent
$137,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Portfolio includes Chaserville MHP with 41 units and Fox Run MHP with 20 units in Cook County.
Where is this mobile home & rv park located?
The property is located at 509 S Elm St Adel, GA.
What are key features of this property?
This property features: Portfolio of 86 rental properties throughout Cook County, Georgia; Includes Chaserville MHP with 41 mobile home units; Includes Fox Run MHP with 20 mobile home units and a community water system
