Manufactured Housing Mobile Home Park For Sale • 13,066 SF
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
Cap Rate: | 7.11 % |