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Updated about 7 years ago on . Most recent reply

Sean Hayes's profile image
Sean Hayes's profile image
Sean Hayes
  • Real Estate Agent
  • from Athens, GA
  • Member since Dec 5, 2015
  • Posts 98
  • Votes 27
  • Experience 8 Yrs
  • Investments 1
Connect

User Stats

98
Posts
27
Votes
Sean Hayes's profile image
Sean Hayes's profile image
Sean Hayes
  • Real Estate Agent
  • from Athens, GA
  • Member since Dec 5, 2015
  • Posts 98
  • Votes 27
  • Experience 8 Yrs
  • Investments 1
Connect
Sean Hayes
  • Real Estate Agent
  • Athens, GA
27
Votes |
98
Posts
Mobile Home Park Investing

Trailer park in Elberton ga cash flows 85k per year

Sean Hayes
  • Real Estate Agent
  • Athens, GA
Posted

I have stumbled across this trailer park in Elberton Ga. The owner has 27 trailers and 10 lots he is selling to the right person. He manages it himself and says it cash flows 85k per year. the 10 lots are ready for the trailers to be placed on them. I spoke with the listing agent and he is an older man ready to sell. 

  • Sean Hayes
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    Brad Helmholdt's profile image
    Brad Helmholdt's profile image
    Brad Helmholdt
    • Rental Property Investor
    • from Minneapolis, MN
    • Member since Sep 20, 2016
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    Brad Helmholdt's profile image
    Brad Helmholdt's profile image
    Brad Helmholdt
    • Rental Property Investor
    • from Minneapolis, MN
    • Member since Sep 20, 2016
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    Brad Helmholdt
    • Rental Property Investor
    • Minneapolis, MN
    5
    Votes |
    13
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    Brad Helmholdt
    • Rental Property Investor
    • Minneapolis, MN
    Replied

    Sounds like he may have some motivation to sell. You may get a decent deal on it. $85k Cash Flow seems pretty impressive with only 27 homes. I'm guessing he owns it outright (no debt). Are they all park owned homes? 

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