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    1230 Shaw Road

    Hinesville, GA 31313
    • $631,339
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 237885
    UPDATED: 57 min ago
    $631,339
    • 37
      BEDS
    • 2.4
      ACRES
    • 23
      BATHS
    • 0
      1/2 BATHS
    • 10,200
      SQFT
    • $62
      $/SQFT
    Type:
    Multi-Family
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    Excellent investment opportunity with 14.2% cap rate at asking price and potential for 17% or more as a hands-off investment. This mobile home park has 22 lots and 17 homes. The park is currently operated by an experienced carpenter who lives on site and has refurbished every home for longevity and aesthetics. Rents haven't been raised in years and the park has a waiting list of applicants. Great opportunity to increase value by raising rents, filling the empty lots, and separating water meters. Potential cap rate of 17% or more with very little initial investment and hands-off management. Add this park to your current portfolio and enjoy low-maintenance cashflow or move-in and operate it while tenants fund your retirement.

    Monthly Payment Calculator

    © 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Glenn Jones Group | Coldwell Banker Access Realty. Real estate listings held by brokerage firms other than Glenn Jones Group | Coldwell Banker Access Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-12-04T21:07:39.26.
    www.homesofgreatersavannah.com/homes/111520559
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    1230 Shaw Road Hinesville, GA 31313

    • Price: $631,339
    • Status: Active
    • Updated: 57 min ago
    • MLS #: 237885
    37
    Beds
    23
    Baths
    0
    ½ Baths
    2.4
    Acres
    10,200
    SQFT
    $62
    $/SQFT
    1990
    Built
    County:
    Liberty
    Area:
    Hinesville
    Property Description
    Excellent investment opportunity with 14.2% cap rate at asking price and potential for 17% or more as a hands-off investment. This mobile home park has 22 lots and 17 homes. The park is currently operated by an experienced carpenter who lives on site and has refurbished every home for longevity and aesthetics. Rents haven't been raised in years and the park has a waiting list of applicants. Great opportunity to increase value by raising rents, filling the empty lots, and separating water meters. Potential cap rate of 17% or more with very little initial investment and hands-off management. Add this park to your current portfolio and enjoy low-maintenance cashflow or move-in and operate it while tenants fund your retirement.
    Exterior Features

    Road Surface Type Asphalt

    Interior Features

    Appliances Electric Water Heater Cooling Central AirElectricWindow Unit(S) Cooling YN Yes Heating BaseboardCentralElectric Heating YN Yes

    Property Features

    Association YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 Exchange Lot Features City LotPublic Road Number Of Units In Community 17 Property Attached YN No Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Stories Total 1 Tax Annual Amount 2253 Tax Year 2019 Tenant Pays ElectricityTelephone Water Source Public Waterfront YN No

    Listing courtesy of Marc Christopher Phelps of Rawls Realty, Inc.. © 2020 Savannah Multi-List Corporation. All rights reserved.
    © 2020 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or Glenn Jones Group | Coldwell Banker Access Realty. Real estate listings held by brokerage firms other than Glenn Jones Group | Coldwell Banker Access Realty are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-12-04T21:07:39.26.
     
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    Glenn Jones Group | Coldwell Banker Access Realty
    6349 Abercorn Street
    Savannah GA, 31405