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Mobile Home Park

Whispering Oaks Mobile Home Park

124 Whispering Oak Rd, Waynesboro, GA 30830

Listing Price: $500,000

Cap Rate
8.31%
Number of Spaces
32
Lot Size
9.50 acres
Occupancy
95.0%
Price/Space
$15,625
Spaces/Acre
3.37
Year Built
1997

Investment Overview

Marcus & Millichap is pleased to present for sale Whispering Oaks Mobile Home Park, located in Waynesboro, Georgia. Whispering Oaks MHP is located 2 miles East of Waynesboro & 20 miles West of Augusta, GA. The Park consists of 32 Pads on a 9.5 Acre Parcel. Currently the park has 7 of 32 pads rented with 4 Tenant Owned Homes & 3 Park Owned Homes. The Park has 2 deep wells, tenants are responsible for electricity, and there is off-street parking. New ownership has the opportunity to fill in the vacant pads high demand market for manufactured housing.

Investment Highlights

  • Minimal Management Responsibility
  • Located in an Opportunity Zone
  • Upside with Vacant Pads with Infrastructure

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

Whispering Oaks Mobile Home Park

Listing Price: $500,000

Cap Rate
8.31%
Number of Spaces
32
Lot Size
9.50 acres
Occupancy
95.0%
Price/Space
$15,625
Spaces/Acre
3.37
Year Built
1997

Investment Highlights

  • Minimal Management Responsibility
  • Located in an Opportunity Zone
  • Upside with Vacant Pads with Infrastructure

Investment Overview

Marcus & Millichap is pleased to present for sale Whispering Oaks Mobile Home Park, located in Waynesboro, Georgia. Whispering Oaks MHP is located 2 miles East of Waynesboro & 20 miles West of Augusta, GA. The Park consists of 32 Pads on a 9.5 Acre Parcel. Currently the park has 7 of 32 pads rented with 4 Tenant Owned Homes & 3 Park Owned Homes. The Park has 2 deep wells, tenants are responsible for electricity, and there is off-street parking. New ownership has the opportunity to fill in the vacant pads high demand market for manufactured housing.

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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