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Mobile Home Park

3 MHC Portfolio - Atlanta & Macon-Bibb MSAs

2369 Talmadge Rd, Hampton, GA 30228

Listing Price: $12,000,000

Cap Rate
5.69%
Number of Spaces
184
Lot Size
37.08 acres
Occupancy
72.0%
Price/Space
$65,217
Spaces/Acre
4.96
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Three MHC Portfolio totaling 184 sites located south of Atlanta in the growing markets of Hampton, Griffin and Macon, Georgia. The portfolio provides investors with a value-add manufactured housing opportunity across established regional housing markets supported by population growth, strong employment drivers, and sustained demand for affordable housing.

Investment Highlights

  • 184 Total Sites | Three Communities | Georgia Markets Located in Hampton, Griffin, and Macon within the Atlanta and Macon-Bibb MSAs
  • Value-Add Opportunity Through Lease-Up Current Portfolio Occupancy of Approximately 72 Percent Provides a Clear Path to Revenue Growth
  • Utility Expense Recovery Water and Trash are Billed back to Residents, Helping Control Operating Expenses
  • Strong Regional Housing Demand Positioned in Growing Georgia Markets Supported by Population Growth and Strong Employment Drivers

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Mobile Home Park

3 MHC Portfolio - Atlanta & Macon-Bibb MSAs

Listing Price: $12,000,000

Cap Rate
5.69%
Number of Spaces
184
Lot Size
37.08 acres
Occupancy
72.0%
Price/Space
$65,217
Spaces/Acre
4.96
Year Built
1980

Investment Highlights

  • 184 Total Sites | Three Communities | Georgia Markets Located in Hampton, Griffin, and Macon within the Atlanta and Macon-Bibb MSAs
  • Value-Add Opportunity Through Lease-Up Current Portfolio Occupancy of Approximately 72 Percent Provides a Clear Path to Revenue Growth
  • Utility Expense Recovery Water and Trash are Billed back to Residents, Helping Control Operating Expenses
  • Strong Regional Housing Demand Positioned in Growing Georgia Markets Supported by Population Growth and Strong Employment Drivers

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Three MHC Portfolio totaling 184 sites located south of Atlanta in the growing markets of Hampton, Griffin and Macon, Georgia. The portfolio provides investors with a value-add manufactured housing opportunity across established regional housing markets supported by population growth, strong employment drivers, and sustained demand for affordable housing.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Senior Managing Director, Market Leader- Atlanta

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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