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3001 Punch Hammond Rd
Cumming, GA 30040

$2,250,000 USD

Manufactured Housing Mobile Home Park For Sale  •  13,066 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 13,066 SF
  • Lot Size 4 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 7.11 %
  • Zoning R1
0 Transit Score
7 Walk Score

Description

Swartz Co Commercial Real Estate is excited to be appointed as the exclusive broker for a remarkable investment opportunity – this 16-unit mobile home park for sale. Situated in the rapidly growing and highly sought-after market of Cumming, Georgia, one of the hottest markets within the Atlanta MSA, this portfolio offers immediate cash flow with incredible upside potential.

The NOI stands at $160K, resulting in a 7.1% cap rate with a pro forma at an 8.4% cap rate, ensuring stable and predictable revenue. The park is currently 100% occupied, providing consistent income from reliable tenants already leasing the homes. With no vacancies and a solid rental history, this is a prime opportunity for investors.

Feel free to contact Ryan Swartzberg for the rent roll or any questions regarding the property.

 - $2,250,000
 - $160k NOI
 - Cumming, GA
 - 16 Park Owned Homes
 - 7.1% Cap Rate 
 - Room to Raise Rents
 - 8.4 % pro forma cap rate

Property Flyers

Cap Rate: 7.11 %
Ryan Swartzberg 770-689-8377 Swartz Co Commercial Real Estate
Ryan Swartzberg 770-689-8377 Swartz Co Commercial Real Estate