Current Use by Public Records
- Commercial real estate
Property Details for 3031 Finch Rd
- Year built
- 1990
- Lot size
- 7.75 lot acres
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a thriving 28-unit mobile home park situated on a spacious 7.75-acre lot at 3031 Finch Road, Millen, Georgia. Currently operating at full capacity with a waiting list, this park offers immediate cash flow and significant upside potential. All 28 existing mobile homes are rented, ensuring consistent income. The park's design allows for expansion, with ample space to accommodate an additional 10 mobile homes, increasing revenue significantly. At current rental rates, the park projects a monthly income exceeding $20,000 upon reaching its full capacity of 38 units. This property boasts a prime location, offering convenient access to Statesboro (approximately 35 minutes away) and Savannah (approximately one hour away). This presents a rare chance to acquire a well-established, high-performing mobile home park with substantial growth potential in a desirable location. The asking price is $1,500,000. This is an ideal investment for those seeking a strong return on investment in the Georgia market. The property's current occupancy and waiting list demonstrate its strong appeal to tenants and its potential for continued success. The expansive lot size provides flexibility for future development and expansion, further enhancing the long-term value of this exceptional investment.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Millen
- County
- Jenkins
- State
- Georgia
- Longitude
- -82.008
- Latitude
- 32.8097
