$220,000
Closed

170 Sapp Way SE

Dalton, GA 30721
Type:Multi-Family
Structure:House
Zone:Residential

Description

Mobile home park in Dalton GA for sale! There are 5 mobile homes on the 6.22 acres. All mobiles are park owned and all 5 tenants are on month-to-month. It's an 8 minutes to I-75, and 11 minutes to downtown Dalton. This is a 1.6% property if you like that ratio. If you like the Gross Rent Multiplier math - this is a 62! The lower the number the better for the buyer. Potential Seller / Owner Finance with an acceptable offer.
This year's projected income is $42,260 in rent
This years's expenses are: $7,486 total
All Tenants pay their own power bill, on individual meters. County water paid for by owner.
We spent over $40,000 in remodel and park clean up. That included appliances, hot water heaters, electrical, fixing leaks, two steps/decks, new bathroom remodel, tons and tons of trash removal, and a bunch of odds and ends
One of the Sellers is a licensed agent in the state of Georgia.

Location

Marizney Briceno AbrilReal Estate Group