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851 Mount Pleasant Road
Waycross GA 31503 US

$699,000

Active Listing ID 1659242
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Lot: 3.06 Acres
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Other

$699,000

Active Listing ID 1659242
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851 Mount Pleasant Road TInvestment Opportunity - 24-Lot Mobile Home Park | 11% Cap RateThis 24-lot mobile home park offers a strong mix of current income, operational stability, and value-add potential.Financial Overview:Annual Gross Rent: $91, 500Annual Net Income: $76, 845.62 (as of 03/31/2026)Cap Rate: 11%Average Rent (Park-Owned Homes): $625/monthCurrent Occupancy:13 park-owned mobile homes - tenant occupied1 tenant-owned home - long-term lot rentMajority of tenants are under lease agreementsTenants pay utilitiesValue-Add Opportunities:3 abandoned homes (seller actively working to secure titles)1 unit down to shell - ready for remodel1 additional home in need of renovationExpansion Potential:5 vacant lots with existing water, sewer, and electrical already in placeMarket lot rent for these sites estimated at $250-$350/monthOpportunity to add park-owned homes or expand lot rent portfolioOperations:Currently managed by a professional property management company, offering a turnkey investment opportunity for new ownership. With infrastructure in place and multiple avenues to increase revenue, this property is well-positioned for an investor seeking immediate cash flow with upside through expansion and improvements.

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Property Features

  • Facts
  • Lot Size: 3.06 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 699000
  • unparsedaddress: 851 Mount Pleasant Road
  • postalcity: Waycross
  • stateorprovince: GA
  • country: US
  • postalcode: 31503
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 3.06
  • lotsizeunits: Acres
  • lotsizearea: 3.06
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 31.212713
  • longitude: -82.327447
  • listagentfullname: Angela A Strickland
  • listagentemail: angela@crosswayrealty.com
  • listagentkey: 3yd-GIAORGA-81818001
  • listagentmlsid: 81818001
  • listagentpreferredphone: 9122860267
  • listagentofficephone: 9122860267
  • listofficekey: 3yd-GIAORGA-1427
  • listagentstatelicense: 371774
  • listofficemlsid: 1427
  • disclaimer: Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GIAORGA
  • listingcontractdate: 2026-01-21
  • countyorparish: Ware
  • parcelnumber: 054E01-006-A
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 20
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -82.327446, 31.212713
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Crossway Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"angela@crosswayrealty.com", "ListBrokerageCity":"Waycross", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Crossway Realty", "ListBrokeragePhone":"912-548-1515", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"GA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"302 Screven Ave", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"302 Screven Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"1427", "ListOfficeCity":"Waycross", "ListOfficeCountry":"US", "ListOfficeEmail":"angela@crosswayrealty.com", "ListOfficePostalCode":"31501", "ListOfficeStateOrProvince":"GA", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Waycross, GA", "ListingURL":null, "MLSModificationTimestamp":"2026-05-19 01:03:26", "Neighborhoods":[{"Description":null, "Name":"WR: Ware County"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1163, "TaxDescription":"MT PLEASANT RD 851 LL165/8", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/10/2026 1:47:52 AM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Angela A Strickland, Crossway Realty, angela@crosswayrealty.com

Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.