500 Elm Street, Adel GA 31620 127816

  • SubdivisionMultiple
  • Price795,000
  • StatusOff Market
  • Bedrooms0
  • Full Bathrooms0
  • Heated & Cooled20820
  • Lot Size9.56

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Portfolio of 18 rental properties consisting of 11 single-family stick-built homes, 6 mobile homes, and 1 commercial building operating as rental office. Most units are in Adel & Sparks GA - Cook County - a small south Georgia county with lots of recent growth located on Interstate-75 in South Central Georgia. Portfolio consistently at 100%+ occupancy with potential gross income of $10,010/month. 9.82% cap rate at the proforma $78,078 NOI with 35% operating expense factor. Can be purchased alone or with another Mobile Home Park in same market listed by same seller- Chaserville MHP, See MLS #127815 or contact listing agent for details.
Listing Provided By COLDWELL BANKER PREMIER REAL E

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  • Wendy Woodruff licensed REALTOR Valdosta Georgia and Florida homes

    Wendy Woodruff REALTORĀ®

    (229) 356-1380
    (229) 244-1992 Ext. 130
    wendywoodruff@outlook.com


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