2690 Arena Rd Unadilla, GA 31091-4908
This 29.5-acre RV park in Unadilla, Georgia, presents a compelling value-add investment opportunity. Located just off I-75, boasting 50,000+ daily traffic, the resort benefits from its proximity to Macon, GA (under an hour away) and Warner Robins, home to Robins Air Force Base. The 191-site park, built around 1985, features a range of amenities including a pecan orchard, miniature golf, swimming pool, playground, clubhouse, and fishing pond. Significant upside potential exists through the conversion of 58 non-sewer sites to full hookups (increasing nightly rates from $20 to $45), expansion onto excess land (allowing for 200+ additional sites), and implementation of online reservation and revenue management systems. The property also includes 18 billboards leased for 99 years along I-75. The asking price is $2,500,000, representing a price per unit of $13,089. This Class B multifamily property is situated in an Opportunity Zone, offering additional investment advantages.
The intent of this district is also to encourage the concentration of local business areas in locations which poses the mutual advantages of both the consumers and merchants and thereby promotes the best use of land at certain strategic locations
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Unadilla, GAThe intent of this district is also to encourage the concentration of local business areas in locations which poses the mutual advantages of both the consumers and merchants and thereby promotes the best use of land at certain strategic locations
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.