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Updated over 9 years ago, 09/01/2015

User Stats

187
Posts
112
Votes
Nikki Robinson
  • Investor
  • Valdosta, GA
112
Votes |
187
Posts

$288k for 10 units & a mobile home park | ~10% CAP [actual]

Nikki Robinson
  • Investor
  • Valdosta, GA
Posted

Photos: https://www.dropbox.com/sc/rfrrb42m6df1swi/AABrqOn...

North Brooks Apartments - Morven, GA (12 mi from Valdosta, GA)

Price: $288,000
NOI: $27,702+ (using 55% expenses)

Year Built: 2002

Property Type: Duplexes & Mobile Home Park

# of units: 10

Property Class: C+ (Rural)

Lot Size: 7.48 AC

Unit Mix:

  • 4 duplexes: eight (2bd/1ba), 1064 SF units - 100% occupancy $495/mo
  • 10 MH lots: 1 rented $160/mo
  • 2bd/ba MH - occupied $450/mo
  • 3bd/2ba MH - occupied $525/mo

For more information, Call 229-269-1532 or Email [email protected]

Offering