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  • DESCRIPTION

    21 Space park. All units are park owned rentals. Most of the units have been remodeled. Park is in a great location with super high demand. This park is stabilized and does great. Easy to manage. Park includes a second park very close by which has 15 spaces and 10 units. Site makes more sense as a redevelopment site. That park is a mess and is currently shut down. Units could be fixed up and repaired and rented out. Make an offer on one or both together. Proforma CAP rate is 9.44 and on actual is over 8.37% today. Rents are currently low and can be raised. Current ownership doesn't charge late fees also which would be additional revenue source. This site has great future redevelopment potential as well. Jernigans has dirt roads, county water and county sewer. The other parcel included in the sale is county water/sewer and paved roads.

    KEY DETAILS
    • Price:
    • $600,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 23,000
    • Acreage:
    • n/a
    • Year Built:
    • 1968
    • MLS #:
    • 431090
    • Street Address:
    • Spring Street
    • City:
    • Grovetown
    • State:
    • GA
    • Postal Code:
    • 30813
    • County:
    • Columbia
    • Subdivision:
    • None-3co
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Units:
    • 21
    • Siding:
    • Other-See Remarks
    • Total Building Square Footage:
    • 23000
    • Year Built:
    • 1968

    Land

    • Lot Size:
    • 2.7

    Listing

    • Community Features:
    • Other-See Remarks

    Systems

    • Heating And Air:
    • Other-See Remarks
    • Sewage Type:
    • Other-See Remarks

    Source

    • Listing provided by Sherman & Hemstreet Real Estate
    School data provided by
    GreatSchools
    REQUEST SHOWING
    SCHOOL RATINGS
    4

    GROVETOWN ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    GROVETOWN MIDDLE SCHOOL
    Middle School
    Public

    7

    GROVETOWN HIGH SCHOOL
    High School
    Public

    NOTES

    No notes have been added for this home.

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