Property Description: The Edgewater Mobile Home Park is a quality mobile home park with 48 existing/developed pads plus an additional 16 approved/undeveloped pads located on a 12 pristine acres located in East Dublin, Georgia. There are 42 Park owned units, 6 lot rentals and 16 approved but undeveloped lots. The park at acquisition was in need of major improvements. Immediately after acquisition, management took over the park, laid down rules and regulations, and made improvements necessary to make the park a quality family oriented park. The mobile homes were renovated/repaired and occupancy rose to stabilized levels. Results of the improvements include:
1) Stabilized park with strong cash flow.

2) Heavy improvement made to the park including, but not limited to, new roads and landscaping.

3) As a result of the improvements made, the annual repair & maintenance expense has decreased substantially.

4) Leases were modified where tenants were responsible for their own utilities and reimbursement to the landlord for water utilities.

The Edgewater Mobile Home Park offers the investors the opportunity for both stable income and long term growth