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3819 Karleen Rd
Hephzibah, GA 30815 Jamestown

$1,900,000 USD

Manufactured Housing Mobile Home Park For Sale  •  1,500 SF

Property Details

• Property Type Manufactured Housing Mobile Home Park
• Total Building Size 1,500 SF
• Lot Size 36 AC
• Building Class C
• Year Built 1986
• Cap Rate 9.01 %
• Zoning A

30 Walk Score

Highlights

Value-Add Asset: Recently improved community priced at $1,900,000 ($31,667 per site) with seller financing.

48% Occupied: 29 of 60 sites filled — immediate upside through lease-up of 16 move-in-ready POHs and 15 vacant pads

All-Age Community: All-age, family-oriented community on ±31 acres, plus ±5 acres of undeveloped land.

9.01% Going-In Cap: $171,267 NOI in 2025 with a path to $400k+ stabilized NOI (11%+ on all-in basis).

Seller Financing: $700,000 down at 6% interest-only; creative structures considered for qualified buyers.

Strong Market: Major nearby employers include Fort Eisenhower and Augusta University Medical Center; Section 8 vouchers at $1,261/mo

Property Flyers

Pinederosa Park - Offering Memorandum

Cap Rate:

9.01 %

Public Transportation

Airport	Drive	Walk	Distance
Augusta Regional at Bush Field	25 min	-	12.3 mi