Adult 55+
Address
1230 Shaw Road Hinesville, GA
Price
$ 631,339
Property Attributes
  • MLS#137280
  • TypeSingle Family
  • CountyLIBERTY
  • CityHinesville
  • AreaHinesville
  • Zip31313
  • StyleMobile Home
  • Price$ 631,339
  • Bedrooms37
  • Full Bathrooms23
  • Half Bathrooms0
  • Sqr Footage10200
  • Lot Size2.4 Acres
Listing Provided Courtesy Of:
Rawls Realty, Inc.
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.

Price History
10/31/2020 Listed $631,339

General Features

Car Storage Parking Spaces
Exterior Features Porch
Fireplaces Not Applicable
Full Baths 23
Heating Heat: Central, A/C: Window/Wall, Heat: Wall/Window, A/C: Cent Elec, W/H: Elec
Listing Type Residential
Status Active
Status Active
Year Built 1990

Interior Features

Apx Heated SqFt 10200
Dining Other-See Remarks
Rooms 77

Exterior Features

Apx Total Acres 2.4
Exterior Wood Siding, Metal Siding, Vinyl Siding
Fence Privacy, Partial
Lot Dimensions 104544

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 31313

Price
AVG $190K
$630K
Visits
AVG 29
11
Year Built
AVG 2003
1990

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