Investment Overview

Cash Flowing and Stabilized with Upside Manufactured Housing Community on Public Utilities in Tifton, GA. Marcus & Millichap is pleased to present Lawson’s Court MHP, a stabilized and turn-key investment opportunity consisting of 17 manufactured housing lots in Tifton, GA. Located along Interstate 75, a major North-South thoroughfare, Tifton serves as the economic and medical hub of the region. It’s also known for distribution centers, manufacturing, agriculture, and research and education. It’s home to the 181-bed Tifton Regional Medical Center, a 1.5 million sq foot Target Distribution center, Kelley Manufacturing Company, the Abraham Baldwin Agricultural College, and the University of GA Tifton Campus. With a steadily growing population and consistently increasing rental rates, this park is well positioned to continue providing affordable housing. Lawson’s Court MHP is a total of 17 manufactured housing lots consisting of 1 tenant owned home (TOH), 13 rented park owned homes (POH), and 3 vacant POH. The average lot rental rate per month is $497 and the average POH rent above lot rent per month is $510. The POH’s are an average age of 1995 and in good condition. The road is public and paved. The park is serviced by public water and sewer that are billed directly to tenants. Trash is serviced by curbside bins and is billed directly to tenants. Electricity is also billed directly to tenants. The park is partially in a flood zone. The park is NOT in an opportunity zone. We are asking investors to submit offers at $1,100,000. All offers must include price, inspection timelines, proof of funds, and relevant real estate experience.