

Atlanta GA MSA MHC
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+
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