Description
Investment portfolio of 10 mobile home units in place and an additional 2 vacant mobile home lots within the Lyman Hall community in Midway! Nine units are occupied or lease-ready, one unit requires renovation prior to leasing. Estimated Potential Gross Income of $107,220 annually, listed at a 10.6% cap rate based on estimated vacancy and expenses, breakdown available. Within walking distance of shopping and other services in Midway's central business district. Close proximity to Fort Stewart and Savannah coupled with a small town atmosphere and low cost of living keeps rental demand high and vacancy low! Sale includes a significant inventory of mobile home parts. Unit details, rents and expense estimates available upon request.
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26BEDS
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2.8ACRES
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19BATHS
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01/2 BATHS
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11,008SQFT
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$36$/SQFT
School Information
Description
Investment portfolio of 10 mobile home units in place and an additional 2 vacant mobile home lots within the Lyman Hall community in Midway! Nine units are occupied or lease-ready, one unit requires renovation prior to leasing. Estimated Potential Gross Income of $107,220 annually, listed at a 10.6% cap rate based on estimated vacancy and expenses, breakdown available. Within walking distance of shopping and other services in Midway's central business district. Close proximity to Fort Stewart and Savannah coupled with a small town atmosphere and low cost of living keeps rental demand high and vacancy low! Sale includes a significant inventory of mobile home parts. Unit details, rents and expense estimates available upon request.
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