List Search

6382 Thomaston rd
Macon-Bibb, GA 31220

Price Upon Request

Manufactured Housing Mobile Home Park For Sale  •  728 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 728 SF
  • Lot Size 19.99 AC
  • Building Class C
  • Year Built 1983
  • Zoning R
20 Walk Score

Highlights

Located in Macon, GA, a strong rental market with increasing demand for traditional and affordable housing
Middle Georgia State University – Economic impact, per a University System of Georgia study, was over $288M in 2022.
Value Add Opportunity – Ability to infill the park’s 33 vacant lots, as well as lease up 11 remaining vacant park-owned units
Pro Forma Cap Rate – At maximized potential, underwritten pro forma cap rate equates to 27.79%.
The park sits on ±19.98 acres of land, with C-4 Zoning, allowing for continued use as a mobile home park, along with great redevelopment potential.