56 Egypt Rd Thomasville, GA 31757

Building Details

Year Built

1978

Listing office Coldwell Banker Commercial Premier Real Estate j***@gmail.com Show Phone

Listing date Dec 16, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

Camellia Estates Mobile Home Park is located in northeast Thomas County, in southwest Georgia. The property includes 10 single-wide mobile home lots, operating under a lot-rent-only model. Nine lots rent for $350 per month, and the manager’s lot rents for $300 per month. All mobile homes are tenant-owned. The infrastructure includes a shared deep well, individual septic tanks for each unit, and a private dirt interior road. Tenants are direct-billed for electricity and internet, while the landlord provides dumpster service. The site spans approximately 4.197 acres. The site is at full density with no room for expansion. The property is an investment opportunity to add to or start a portfolio. The property is suited for investors seeking reliable income in a growing market.

Key Highlights

• Proven, stabilized mobile home park with immediate income potential.
• Lot‑rent‑only model with tenant‑owned homes minimizes landlord responsibilities and maintenance costs.
• High proforma cap rate of 10.53% at 30% operating expense factor.

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park in Thomas County, Georgia, with stable income.

Where is this mobile home & rv park located?

The property is located at 56 Egypt Rd Thomasville, GA.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: Proven, stabilized mobile home park with immediate income potential.; Lot‑rent‑only model with tenant‑owned homes minimizes landlord responsibilities and maintenance costs.; High proforma cap rate of 10.53% at 30% operating expense factor.