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32017874
32017873

8466 US HWY 280 E, ELLABELL, GA 31308-5623 For Sale

AW
GA GA 390888
Coast and Country Real Estate Experts
Listed by Coast and Country Real Estate Experts
$3,470,000
82 days on market
Updated 82 days ago

Black Creek MHP | 33 Units | Value Add

Details
APN 0251040
Property Type Multifamily, Mobile Home Park
Sub Type Mobile home park
Units 33
Cap Rate 8.00%
NOI $291,427
Class A
Year Built 1996
Acreage 10.220
Zoning MHP

Black Creek Living | Stabilized Mobile Home Community | Ellabell, GA

Marketing description

Black Creek Living is a professionally maintained and fully occupied mobile home community located in Ellabell—one of the fastest-growing corridors in coastal Georgia, driven by the nearby Hyundai Motor Group Metaplant America less than one mile away.

This stabilized asset features 24 park-owned homes, delivering consistent in-place income, with an additional 9 grandfathered lots offering clear upside through future development. The community operates on a low-expense model, with tenants responsible for electricity (direct billed), while water is supplied via a community well and septic systems are individually maintained. Trash service is included within county taxes, helping streamline operations.

Positioned in a high-demand rental market fueled by major job creation and regional growth, Black Creek Living benefits from proximity to employment centers, quality schools, and family-oriented amenities—making it an attractive long-term hold for investors seeking durable workforce housing.

Investment highlights

    • Fully Occupied: 24 Park-Owned Homes (stable, predictable income)
    • Value-Add Upside: 9 additional grandfathered lots (utilities needed)
    • Prime Location: <1 mile from Hyundai EV Plant
    • Operational Efficiency: Low overhead, tenant-paid utilities (electric)
    • Infrastructure: Community well + individual septic systems
    • Strong Demand Drivers: Rapid population and job growth in Bryan County
    • Workforce Housing Asset: Positioned for long-term tenant retention

Listing Contacts

AW
GA GA 390888
Coast and Country Real Estate Experts
Listed by Coast and Country Real Estate Experts

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,427.00
$24,285.58/mo

Valuation Metrics

0
DSCR
8.4%
Cap Rate
8.4%
ROI

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Additional Information

Name
Adrian Webber
License
GA 390888
Brokerage Address
122 North Laurel Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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