2550 Shotwell St, Bainbridge, GA 39819

27 Unit Apartment Building Offered at $3,250,000 in Bainbridge, GA 39819

Asking Price $3,250,000

Property Type
Multifamily
Square Feet
217,800 SF

Listing Contacts

Shelley Brookson

Property Overview

Conveniently located off of US-84N. Recently re-developed mobile home park offering high volume of traffic and consistent sustained occupancy of 100%. Monthly income net of $29,500 with 27 homes available on the park. Potential to increase net monthly rent with annual renewals and addition of home to existing vacant lot.
The mobile home park offers a range of 2 -4 bedroom floorplans with single and double wide options. Rents vary from $895 to $1295 monthly, with newer 2024 homes available on the park. All homes have been updated/ remodeled not to include the 2023/2024 homes available. Homes offer Central HVAC, individual septic tanks and w/d hookup and kitchen appliances.
Community Mailboxes available on-site with individual meters for electric/water and septic tanks per home. All homes have been inspected and permitted through the City of Bainbridge.

Property Details

Year Built
2021
Stories
1
Units
27

Highlights

  • Heavy Traffic on mobile homes- desirable

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