Mobile Home Park Details
- Purchase Method: New Loan
- Listing ID: 12718
- Posted On: Jun 2, 2010
- Updated On: Jan 20, 2012
Description
This park is one of only three remaining in the City of Atlanta. It has been under contract for the last few months, but is now available again. The owner has lowered the price to $999,000 and is ready to sell. The park consists of 98 pads, with 91 pads being occupied by tenant owned homes(7 vacant). Each pad is rented at a modest $220 per month, which is quite low for the Atlanta market.
The park sits on seven+ acres and is on city sewer/water and all pads are sub-metered for water. This park stays fully rented and is a tremendous opportunity for the right buyer.
No owner financing is available, but the bank which holds the current mortgage is willing to finance a qualified buyer. We have not included the address or the name of the park as the tenants do not know the park is for sale and the owner prefers to keep it confidential. Contact Jack Brewster at Ackerman & Co for more information Office - 770-913-3967 Cell- 404-975-8119, or jbrewster@ackermanco.net.
Amenities
- Laundromat
- Storage
Park Information
Community Type: | All Age |
Number of MH Lots: | 98 |
Total Occupancy: | 100.0 % |
Year Built: | 1960 |
Average MH Lot Rent: | $220 |
Size: | 8 acre(s) |
Lot Information
Singlewide Lots: | 98 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |