$279,900

SQFT

224553 bellewBowman, GA 30624

$279,900

SQFT • 5 AC LOT
listing
listing
listing
listing

$279,900

SQFT

224553 bellewBowman, GA 30624

$279,900

SQFT • 5 AC LOT
Acreage 5
Status Active
MLS # 20008143
County Elbert
More Info
Status Active
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.
  • Siding Other
  • Roof Composition, Metal
  • Garage No
  • Garage Description Other
  • Water Well
  • Sewer Septic Tank
  • Lot Description Level
  • Waterfront No
  • Boathouse/Dock No
  • Directions Bowman - Hwy 17 South, Right on Fork Creek, Immediate Right on Bennett Rd, Immediate Left on Dud Rd, Bear Left onto Bellew Rd, Look for 5 green mailboxes at the road. Entrance is right before it.
  • Heating Electric, Central, Forced Air, Heat Pump
  • Cooling Central Air
  • Living Area SQFT
  • Year Built 2002
  • Subdivision Bellew MHP
  • Parcel ID 006136
  • Zoning R1
Listing Provided Courtesy of Lake Homes Realty LLC
© 2022 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed.
Listing data is current as of 3 hours ago.