2253 Bellew Drive #2247-53Bowman, GA 30624
TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - 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 (Single wide Manufactured 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 TypeMulti-Family
- NeighborhoodBellew Mhp
- CountyElbert
- Taxes$1,500
- HOA/Condo/Coop Fees$0
- Days on Site68 Days
- MLS StatusActive Under Contract
- MLS ID Number20173045
- Home Size Source N/A
- Year Built2001
- Lot Size5 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Aluminum Siding
- Parking Over 1 Space per UnitSide/ Rear Entrance
- Parking Spaces 2
- Sewer Private SewerSeptic Tank
- Basement None
- Number of Stories 1
- Acreage 5
- Water Well
- Green Energy Efficient Roof
- Foundation BlockPillar/ Post/ Pier
Interior Features
- Cooling Ceiling Fan(s)Central AirElectricHeat Pump
- Heating ElectricCentralHeat Pump
- Fireplaces 0
- Laundry Features In Unit
Community Features
- Association Dues 0
- Community Features None