Mobile Home Park Details
- Listing ID: 1093235
- Posted On: Jun 12, 2019
- Updated On: Jun 18, 2020
Description
Great opportunity to acquire a unique property in a prime location in Tifton, GA. This park consist of 38 lots with 20 park owned homes, 10 tenant owned homes, 2 stick built homes, a commercial store, and 4 billboard signs on 9.85 acres. There are also 2 ponds, a barn and a small pasture that could be developed or rented. There is an enormous upside as the gross rents are over $7,200 and the park is only 52% occupied due to the owner’s health issues. The park is on septic and city water that is master metered. City sewer has been extended to the property and is stubbed on the south property line. Due to a zoning change, the City of Tifton will not allow any additional mobile homes to be brought on the property. RVs are allowed if the City sewer is installed.
Location
This park is located on Tifton’s primary retail corridor on US 82 with approximately 1000 feet of frontage and over 17,000 vehicles passing daily. The property is situated within half a mile from Walmart, Lowes, Dollar General, Hobby Lobby and several other national retailers and just over a mile from Interstate 75.
Park Information
Number of MH Lots: | 38 |
Total Occupancy: | 52.0 % |
Average MH Lot Rent: | $275 |
Size: | 10 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |