www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29936689
29936690

Flat Creek Rd, Oakwood, GA 30566

CC
FL Nationwide
Yale Realty & Capital Advisors
Listed by Yale Realty & Capital Advisors
$1,935,000
133 days on market
Updated 0 days ago

Atlanta GA MSA MHC

Details
Property Type Mobile Home Park
Sub Type MH
Units 26
Cap Rate 7.55%
NOI $146,049
Occupancy 100%
Pro-Forma Cap Rate 6.69%
Pro-Forma NOI $129,387
Class B
Acreage 8.000
Investment Type Value Add
Occupancy Date 02/01/2026

Mobile Home Park | 26 Pads | $74,423/pad

Marketing description

The underwriting does not include revenue from the park owned homes and the $1,935,000 price is for the lot rent business only. We are asking an additional $215,000 for the park owned homes.

This fully occupied Oakwood, Georgia property offers a rare combination of stable cash flow and clear upside. The asset has a long track record of 100 percent occupancy, supported by a high-quality tenant base. The sellers are local owners who take pride in the property and perform rigorous tenant screening to ensure long-term residents and consistent performance.

Current rents are approximately $150 per month below market, providing a straightforward value-add opportunity through modest rent growth without relying on aggressive assumptions. The property is serviced by sub-metered city water and individual septic tanks. Surrounding single-family home values exceed $315,000, underscoring the strength of the location and the relative affordability of the asset.

At the projected pricing, the deal offers an attractive 6.7 percent yield on the Year 1 pro forma, with investors able to achieve an estimated 18.5 percent IRR through measured rent increases and continued operational stability. This is a compelling opportunity for investors seeking durable income with upside in a growing North Georgia market.

Investment highlights

• 100% occupied with a long history of full occupancy
• Below-market rents of roughly $150 per month
• High-quality tenant base supported by thorough background checks
• Sub-metered city water and septic tanks
• Surrounding single-family home values of $315,000+

Listing Contacts

CC
FL Nationwide
Yale Realty & Capital Advisors
Listed by Yale Realty & Capital Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$146,049.00
$12,170.75/mo

Valuation Metrics

0
DSCR
7.55%
Cap Rate
7.55%
ROI

Map

Zoning

Intelligence Badge
AR-1 MixedMixed UseAgricultural Residential 1
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 139 uses
View all 139 uses
Last updated Jan 26, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591