5872 Glenn Burtz Rd
5872 Glenn Burtz Rd, Murrayville, GA 30564
Marketing description
Located just 10 miles north of Gainesville in the heart of Hall County, one of the fastest growing counties in the state, this rare multi-parcel property presents a compelling opportunity to acquire a manufactured housing and single-family rental portfolio with additional upside. This multi-parcel assemblage offers investors 19 income-producing rental units comprised of a mix of manufactured homes and single-family residences all on 72 +/- acres, providing immediate in-place cash flow with measurable upside potential through rent optimization as well as the ability to potentially add additional units on the excess land. Situated in the heart of the north Georgia growth corridor, the property benefits from Hall County's robust population expansion, now exceeding 229,000 residents, as well as from a shortage of affordable workforce rental housing.
Investment highlights
- 72 +/- acres across multiple parcels in Murrayville, Hall County, GA
- 19 existing rental units — mix of mobile/manufactured homes and single-family residences
- All mobile homes are park owned
- Immediate income with strong tenant demand and strong rental history
- Low vacancy rate
- Surplus acreage allows the opportunity possibly add additional rental units
- Recent capital improvements include expanded and upgraded gravel drive into the park
- Excellent long-term development and value-add potential
- Located in a quite, secluded setting in between Dahlonega, GA and Gainesville, GA
- Rent Roll and P&L Statement available upon signing and NDA
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