Courtesy of: Connie Nealy, Lake Homes Realty LLC, lakehartwellnow@gmail.com
Courtesy of: Connie Nealy, Lake Homes Realty LLC, lakehartwellnow@gmail.com
$259,900
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Lot: 5.00 Acres
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Other
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$259,900
2245 TO 2253 Bellew Drive 5 UNITS 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.
Courtesy of: Connie Nealy, Lake Homes Realty LLC, lakehartwellnow@gmail.com
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