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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

15 Fields Walk Summerville, GA 30747

Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 101-lot mobile home community in Summerville, Georgia, priced at $3,500,000. Located near US Highway 27, this property offers convenient access to both Summerville and Chattanooga, Tennessee. Currently operating at 50% occupancy, with 42 vacant lots, this presents a significant value-add opportunity for a new owner. The average lot rent is $465, providing immediate income potential. The property boasts public utilities, directly billed to tenants, and curbside trash service, also billed to tenants. The $34,653 per pad price point reflects a strong potential return on investment, with a projected cap rate of 6.64%. The strategic location and significant vacancy rate create a clear path for increasing both occupancy and rental income. This property is ideal for investors seeking a value-add opportunity with substantial upside potential in a growing market. The community's proximity to major roadways ensures easy access for residents and convenient management. This is a rare chance to acquire a well-positioned mobile home park with considerable room for growth and profitability. The existing infrastructure and public utility services minimize operational complexities. This presents a compelling investment opportunity with significant potential for long-term appreciation.

Property profile
Verified
Property type Mobile home & RV parks
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fields Walk Mobile Home Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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