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Mobile Home Park

CKT Mobile Home Park

254 E Clifton Ave, Lyons, GA 30436

Listing Price: $750,000

Cap Rate
8.39%
Number of Spaces
43
Occupancy
83.5%
Price/Space
$17,442

Investment Overview

CKT Mobile Home Park 42 Pads and 1 Single Family Rental located in Lyons, GA. The Park sits on 6.21 Acres and consists of 35 Lot Rent Pads, 5 Rent-to-Own & 2 Vacant Pads that are developed. The Single Family Rental sits on a 2 Acres Parcel next to the Park. The Park is on city water & sewer and all utilities are billed directly to tenants.
There is off-street parking and the road is currently dirt. The Park is currently Zoned R-2 and the city would be open to rezoning to R-2A to add additional pads if new ownership has plans to renovate the park. New ownership has the opportunity to add an additional Pads and increase rents through improvements throughout the park.

Investment Highlights

  • Add Additional Pads
  • 35 Lot Rent - 5 Rent to Own Pads
  • Increase Rents with Improvements to the Park

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Mobile Home Park

CKT Mobile Home Park

Listing Price: $750,000

Cap Rate
8.39%
Number of Spaces
43
Occupancy
83.5%
Price/Space
$17,442

Investment Highlights

  • Add Additional Pads
  • 35 Lot Rent - 5 Rent to Own Pads
  • Increase Rents with Improvements to the Park

Investment Overview

CKT Mobile Home Park 42 Pads and 1 Single Family Rental located in Lyons, GA. The Park sits on 6.21 Acres and consists of 35 Lot Rent Pads, 5 Rent-to-Own & 2 Vacant Pads that are developed. The Single Family Rental sits on a 2 Acres Parcel next to the Park. The Park is on city water & sewer and all utilities are billed directly to tenants.
There is off-street parking and the road is currently dirt. The Park is currently Zoned R-2 and the city would be open to rezoning to R-2A to add additional pads if new ownership has plans to renovate the park. New ownership has the opportunity to add an additional Pads and increase rents through improvements throughout the park.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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