143 Pecan Dr | Macon-Bibb, GA 31217
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143 Pecan Dr
Macon-Bibb, GA 31217
Pecan Drive - Mobile Home Park · Land For Sale · 2.47 AC
Investment Highlights
- Great Value-Add Investment
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 2.47 AC |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.47 AC |
Description
Property is made up of 14 lots in mobile home park, 7 of which are vacant, and 7 of which are occupied with tenant-owned homes. There are 7 total septic tanks, 1 for every 2 lots. Gross annual rent is $22,860. After operating expenses, the NOI is $23,014.21. Starting Cap rate of 10.6%. Property is on well & septic, city water lines are close enough that you could connect if desired. Tenant pays own electric and $15 per month for trash. Located in Bibb County.
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