Lake Homes Realty
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224553 bellew

Bowman, GA 30624

5 AC LOT
Commercial Sale
Image 1
Acreage 5
Status Off Market
MLS # 20008143
County Elbert
More Info
Category Commercial Sale
Status Off Market
Acreage 5
MLS # 20008143
County Elbert
TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $2,925; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Singlewide mobile homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.
Location not available

Exterior Features

  • Siding Other
  • Roof Composition, Metal
  • Garage Yes
  • Garage Description Other
  • Water Well
  • Sewer Septic Tank
  • Lot Description Level

Interior Features

  • Heating Electric, Central, Forced Air, Heat Pump
  • Cooling Central Air
  • Year Built 2002

Neighborhood & Schools

  • Subdivision Bellew MHP

Financial Information

  • Parcel ID 006136
  • Zoning R1