Trailer Park for Sale- Investment opportunity
off Dawsonville Hwy, near Sardis!
14 Unit Trailer Park sits in 2.3 acres with a beautiful view ! This is a great investment for someone who knows how to manage properties and wants to make extra money for retirement.
Appraised at $375,000 in 2004. 13 units exist; there is an additional pad for a 14th. The property is ok'd for 32 trailers. We paid $370,000 and now is worth much more! Surrounding property is selling for $400K per acre.
The trailers have undergone extensive remodeling: painted and applied cool seal in all roofs, replace new floors in various units, and fixed main plumbing lines and septic tanks.
You should be able to make $25,000 to $35,000 per year. After it's paid for, it is a cash cow and the land values would have grown immensely.
Potential Gross Income
11 mobile homes @ $125/Week Avg. x 52= $71,500
1 mobile home @ $115/ week Avg. x 52= $77,220
7.5% Vacancy & Loss
$5,791
Effective Gross Income
$71,429
Expenses
Taxes $2,000
Insurance $1840
Maintenance $2,000
Dumpster $1032
Utilities $4800
Misc. $1,500
Total Expenses $13,172
Net Operating Income $58,257
Sale price: $320,000, firm.
Possible owner financing.
If you are serious buyer, please call me at 770-540-1939.
Thanks!
Charles
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Type: Residential Lot
Agent: Matt White
Company: Jack Waldrip Real Estate
Address:
4366 Whitmire Cir
Gainesville, 30506
Price2: USD $ 42,900
Great Building lot! Approx .6 acre lot at end of cul-de-sac on one street community. Offers great privacy, 40 ft of Little River frontage. Mtn views, North Hall schools, city water. Bring your builder.
Price: $42,900
Call 770-519-2022
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