$259,900
Active Under Contract
72 Days Online
0 Beds0 Baths0 SQFT
Active Under Contract

2245 TO 2253 Bellew Drive #5 UNITSBowman, GA 30624

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TURN KEY INVESTMENT with Great returns (CAP Rate 11%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3, 100; Gross Annual Rental Income $35, 100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Singlewide mobile homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.

  • Property TypeCommercial
  • NeighborhoodBellew Mhp
  • CountyElbert
  • Taxes$1,500
  • HOA/Condo/Coop Fees$0
  • Days on Site72 Days
  • MLS StatusActive Under Contract
  • MLS ID Number20147629
  • Home Size Source Appraiser
  • Year Built2002
  • Lot Size5 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Other
  • Building Features Free StandingOther
  • Parking Other
  • Parking Spaces 10
  • Sewer Septic Tank
  • Acreage 5
  • Water Well
  • Zoning R1
  • Green Energy Efficient InsulationThermostat
  • Utilities Cable AvailableElectricity Available

Interior Features

  • Cooling Central Air
  • Heating ElectricCentralForced AirHeat Pump
  • Flooring CarpetVinyl

Exterior Features

  • Roof CompositionMetal
  • Fencing FencedPrivacyPartial
  • Lot Level
  • Road Frontage County Road
  • Other Structures Other

Community Features

  • Building Features Free StandingOther

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Monthly Payment (Est.)

$1,414
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