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    1230 Shaw Road

    Hinesville, GA 31313
    • $631,339
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 137280
    UPDATED: 230 min ago
    $631,339
    • 37
      BEDS
    • 2.4
      ACRES
    • 23
      BATHS
    • 0
      1/2 BATHS
    • 10,200
      SQFT
    • $62
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1990
    County:
    Area:

    School Ratings & Info

    Description

    Excellent investment opportunity with 14.2% cap rate at asking price and potential for 17% or more as a hands-off investment. This mobile home park has 22 lots and 17 homes. The park is currently operated by an experienced carpenter who lives on site and has refurbished every home for longevity and aesthetics. Rents haven't been raised in years and the park has a waiting list of applicants. Great opportunity to increase value by raising rents, filling the empty lots, and separating water meters. Potential cap rate of 17% or more with very little initial investment and hands-off management. Add this park to your current portfolio and enjoy low-maintenance cashflow or move-in and operate it while tenants fund your retirement.

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    © 2020 Hinesville Area Board of Realtors, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from HABR. Real estate listings held by brokerage firms other than Coldwell Banker Southern Coast are marked with the HABR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Southern Coast. Data last updated: 2020-12-03T23:42:15.143.
    www.cbsoutherncoast.com/homes/111520380
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    1230 Shaw Road Hinesville, GA 31313

    • Price: $631,339
    • Status: Active
    • Updated: 230 min ago
    • MLS #: 137280
    37
    Beds
    23
    Baths
    0
    ½ Baths
    2.4
    Acres
    10,200
    SQFT
    $62
    $/SQFT
    1990
    Built
    Neighborhood:
    None
    County:
    Liberty
    Area:
    Hinesville
    Property Description
    Excellent investment opportunity with 14.2% cap rate at asking price and potential for 17% or more as a hands-off investment. This mobile home park has 22 lots and 17 homes. The park is currently operated by an experienced carpenter who lives on site and has refurbished every home for longevity and aesthetics. Rents haven't been raised in years and the park has a waiting list of applicants. Great opportunity to increase value by raising rents, filling the empty lots, and separating water meters. Potential cap rate of 17% or more with very little initial investment and hands-off management. Add this park to your current portfolio and enjoy low-maintenance cashflow or move-in and operate it while tenants fund your retirement.
    Exterior Features

    Acreage Range 1.6 To 2.5 Acres Car Storage Parking Spaces Construct Siding Wood SidingMetal SidingVinyl Siding Exterior House Features Porch Fence PrivacyPartial Lot Features WoodedAcreage 1-5 Lot Size 104544 Property Type Residential Style Mobile Home

    Interior Features

    Appliances Range/Oven - ElecSmoke DetectorCable TvRefrigerator Dining Other-See Remarks Energy Heat: CentralA/C: Window/WallHeat: Wall/WindowA/C: Cent ElecW/H: Elec Fireplace Not Applicable Rooms 77

    Property Features

    Improvements Public WaterPublic SewerElectricity Available

    Listing information © 2020 Hinesville Area Board of Realtors, Inc.
    Listing provided courtesy of Marc Phelps of Rawls Realty, Inc.


    © 2020 Hinesville Area Board of Realtors, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from HABR. Real estate listings held by brokerage firms other than Coldwell Banker Southern Coast are marked with the HABR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Southern Coast. Data last updated: 2020-12-03T23:42:15.143.
     
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    Coldwell Banker Southern Coast
    730 General Stewart Way
    Hinesville GA, 31313