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16 Pleasant Hill Dr - Pleasant Hill Mobile Home Park 7.24 Acres of Commercial Land Offered at $3,121,650 CAD in Talmo, GA 30575
INVESTMENT HIGHLIGHTS
- 53 of 54 pads leased with strong historical occupancy
- Located near I-85 and major employment centers
- Includes leased commercial space and storage building
- Turn-key management available for streamlined operations
- Average household income over $100K within 10 miles
EXECUTIVE SUMMARY
This manufactured housing community presents a strong investment opportunity with steady occupancy and strong historical financials. Park consists of 54 pads (3 of the units are RTO), a commercial space, storage building and abandoned church. 53 of the 54 spaces are leased as well as the storage building. The most recent lease renewals have the pad rent at $425 and a $75 water reimbursement. Because the landlord has no maintenance responsibilities the expenses are low, and management is easy. Turn-key Management is available. Landlord is responsible for water, landscaping, property taxes and insurance. Park has paved roads and is on septic tanks.
Located in Talmo, GA, this community offers a quiet, rural setting with easy access to I:85, local industry and several large employers. Situated in Jackson County, it provides a peaceful environment while remaining convenient to Gainesville, Jefferson, and major highways.
Located in Talmo, GA, this community offers a quiet, rural setting with easy access to I:85, local industry and several large employers. Situated in Jackson County, it provides a peaceful environment while remaining convenient to Gainesville, Jefferson, and major highways.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER AC (CAD) |
|---|---|---|
| Gross Rental Income |
$383,063
|
$52,909.19
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$383,063
|
$52,909.19
|
| Taxes |
-
|
-
|
| Operating Expenses |
$157,002
|
$21,685.41
|
| Total Expenses |
$157,002
|
$21,685.41
|
| Net Operating Income |
$226,060
|
$31,223.78
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $383,063 |
| Annual Per AC | $52,909.19 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $383,063 |
| Annual Per AC | $52,909.19 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $157,002 |
| Annual Per AC | $21,685.41 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $157,002 |
| Annual Per AC | $21,685.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $226,060 |
| Annual Per AC | $31,223.78 |
PROPERTY FACTS
| Price | $3,121,650 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Manufactured Homes or Mobile Home Park |
| No. Lots | 1 | Total Lot Size | 7.24 AC |
| Property Type | Land |
| Price | $3,121,650 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Manufactured Homes or Mobile Home Park |
| Total Lot Size | 7.24 AC |
1 LOT AVAILABLE
Lot
| Price | $3,121,650 CAD | Lot Size | 7.24 AC |
| Price Per AC | $431,167.14 CAD |
| Price | $3,121,650 CAD |
| Price Per AC | $431,167.14 CAD |
| Lot Size | 7.24 AC |
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16 Pleasant Hill Dr - Pleasant Hill Mobile Home Park
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