851 Mount Pleasant Road Waycross, GA 31503
Other
MLS #: 1659242
Courtesy Of Crossway Realty
Property InformationDescription
This property offers 24 total lots with a strong mix of income-producing units and meaningful upside potential. The park currently includes 13 rented mobile homes, plus 1 additional lot-rent tenant who has been in place long-term.
The community provides several avenues for expansion. There are 3 abandoned homes on-site that present value-add opportunities once ownership is secured (the seller is already working with an attorney to obtain titles). In addition, the park includes: 1 well-maintained unit that is currently a shell, ready for a remodel, 1 additional home in need of renovation, 5 vacant lots, each with existing electrical, water, and sewer connections, ready for new homes either as park-owned rentals or tenant-owned lot-rent units, depending on the buyer s preferred strategy.
With infrastructure already in place for every unused lot and multiple improvement paths available, this community offers both immediate income and significant long-term upside for an investor looking to grow cash flow and increase park value through strategic upgrades.
The community provides several avenues for expansion. There are 3 abandoned homes on-site that present value-add opportunities once ownership is secured (the seller is already working with an attorney to obtain titles). In addition, the park includes: 1 well-maintained unit that is currently a shell, ready for a remodel, 1 additional home in need of renovation, 5 vacant lots, each with existing electrical, water, and sewer connections, ready for new homes either as park-owned rentals or tenant-owned lot-rent units, depending on the buyer s preferred strategy.
With infrastructure already in place for every unused lot and multiple improvement paths available, this community offers both immediate income and significant long-term upside for an investor looking to grow cash flow and increase park value through strategic upgrades.
Features
- Architecture Style: Other
- Legal Description: MT PLEASANT RD 851 LL165/8
- MLSID: 1659242
- Parking Spaces: 20
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