Photo 1 of 8
$220,000
Sold on 2/28/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
0 |
$1,385 |
1970 |
On the market:
20 days
|
View full details, 15 photos, school info, and price history
Mobile home park in Dalton GA for sale! There are 5 mobile homes on the 6.22 acres. All mobiles are park owned and all 5 tenants are on month-to-month. It's an 8 minutes to I-75, and 11 minutes to downtown Dalton. This is a 1.6% property if you like that ratio. If you like the Gross Rent Multiplier math - this is a 62! The lower the number the better for the buyer. Potential Seller / Owner Finance with an acceptable offer.
This year's projected income is $42,260 in rent
This years's expenses are: $7,486 total
All Tenants pay their own power bill, on individual meters. County water paid for by owner.
We spent over $40,000 in remodel and park clean up. That included appliances, hot water heaters, electrical, fixing leaks, two steps/decks, new bathroom remodel, tons and tons of trash removal, and a bunch of odds and ends
One of the Sellers is a licensed agent in the state of Georgia.
Listing courtesy of Ethan Atkinson, Greater Athens Properties