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Pine Circle MHP 120 Pine Circle Cir 18 Unit Mobile Home Park $1,221,430 CAD ($67,857 CAD/Unit) 8.50% Cap Rate Ellaville, GA 31806
EXECUTIVE SUMMARY
- 120 and 355 Pine Circle, Ellaville, GA
- 18 units
- 5 Acres total (4.29 and 0.72)
- 12 POH - 11 rented, 1 vacant
- 3 RTO with long term leases and balances remaining
- 3 vacant
- Direct billed public water and sewer (3 lots in 120 pine have septic tanks, recently pumped and serviced)
- Recent CapEx: 3 units renovated and both roads re-graveled
- Ellaville, Georgia, is a centrally located community in Schley County, positioned along U.S. Route 19 and Georgia Highway 26—offering convenient access to Americus, Albany, and Columbus. The area benefits from a stable local economy, affordable operating costs, and proximity to regional employment centers. With steady population growth in the surrounding counties and available infrastructure to support future development, Ellaville presents strong potential for investors seeking reliable cash flow and long-term appreciation in a business-friendly environment.
- 18 units
- 5 Acres total (4.29 and 0.72)
- 12 POH - 11 rented, 1 vacant
- 3 RTO with long term leases and balances remaining
- 3 vacant
- Direct billed public water and sewer (3 lots in 120 pine have septic tanks, recently pumped and serviced)
- Recent CapEx: 3 units renovated and both roads re-graveled
- Ellaville, Georgia, is a centrally located community in Schley County, positioned along U.S. Route 19 and Georgia Highway 26—offering convenient access to Americus, Albany, and Columbus. The area benefits from a stable local economy, affordable operating costs, and proximity to regional employment centers. With steady population growth in the surrounding counties and available infrastructure to support future development, Ellaville presents strong potential for investors seeking reliable cash flow and long-term appreciation in a business-friendly environment.
PROPERTY FACTS
| Price | $1,221,430 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $67,857 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8.50% | Lot Size | 5.00 AC |
| Gross Rent Multiplier | 8.84 | Average Occupancy | 93% |
| No. Units | 18 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1999 |
| Price | $1,221,430 CAD |
| Price Per Unit | $67,857 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Gross Rent Multiplier | 8.84 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.00 AC |
| Average Occupancy | 93% |
| No. Stories | 1 |
| Year Built | 1999 |
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Pine Circle MHP | 120 Pine Circle Cir
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