480 Kamera Road 165 Unit Mobile Home Park $6,754,275 CAD ($40,935 CAD/Unit) 8.73% Cap Rate Douglas, GA 31535

91-acre mobile home & RV park with 165 lots connected to Electricity, Sewage, Water, Internet, Roads, and public laundry service. Multiple value-add opportunities.. There is enough space for approximately 50 additional lots. Current lot rents are well below the market average. The monthly water bill to mobile home tenants is currently only $40 and can easily be increased. Multiple home loans currently in repayment status are in place and multiple Rent-To-Own contracts are in place. These will be transferred to the new owner with approximately $300,000 in principal alone. 4 onsite wells in excellent condition. These wells are regularly monitored/maintained and existing well/water rights will be conveyed to the new ownership. On-site septic is well maintained & up-to-date. Existing CCTV and WiFi system throughout the park is owned and will be conveyed to new ownership. There are three loans to be assumed by the new buyer for one tiny home and two newer mobile homes, each with an approximate loan amount of $35K-$40K. The facility is maintained with a fully automated electronic payment system in place. Guests can easily make credit card payments for their charges online, thus allowing for a streamlined and controlled operation of income. The seller is willing to provide on-site training as needed and the software company offers an extensive training protocol for new ownership. This property is also located within an Opportunity Zone, allowing investors to enjoy valuable tax benefits!