Rivertown Commons Mobile Home Park | 2550 E Shotwell St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Rivertown Commons Mobile Home Park 2550 E Shotwell St
27 Unit Mobile Home Park $2,995,000 ($110,926/Unit) Bainbridge, GA 39819
Investment Highlights
- Heavy Traffic on mobile homes- desirable
Executive Summary
Conveniently located off of US-84N. Recently re-developed mobile home park offering high volume of traffic and consistent sustained occupancy of 100%. Monthly income net of $29,500 with 27 homes available on the park. Potential to increase net monthly rent with annual renewals and addition of home to existing vacant lot.
The mobile home park offers a range of 2 -4 bedroom floorplans with single and double wide options. Rents vary from $895 to $1295 monthly, with newer 2024 homes available on the park. All homes have been updated/ remodeled not to include the 2023/2024 homes available. Homes offer Central HVAC, individual septic tanks and w/d hookup and kitchen appliances.
Community Mailboxes available on-site with individual meters for electric/water and septic tanks per home. All homes have been inspected and permitted through the City of Bainbridge.
The mobile home park offers a range of 2 -4 bedroom floorplans with single and double wide options. Rents vary from $895 to $1295 monthly, with newer 2024 homes available on the park. All homes have been updated/ remodeled not to include the 2023/2024 homes available. Homes offer Central HVAC, individual septic tanks and w/d hookup and kitchen appliances.
Community Mailboxes available on-site with individual meters for electric/water and septic tanks per home. All homes have been inspected and permitted through the City of Bainbridge.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,995,000 | Building Class | C |
| Price Per Unit | $110,926 | Lot Size | 5.00 AC |
| Sale Type | Investment | Building Size | 27,000 SF |
| Sale Conditions | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 27 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $2,995,000 |
| Price Per Unit | $110,926 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 5.00 AC |
| Building Size | 27,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2021 |
1 of 1
zoning
| Zoning Code | C4- Commercial (Heavy Commercial zone) |
| C4- Commercial (Heavy Commercial zone) |
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Ipad Management
Rivertown Commons Mobile Home Park | 2550 E Shotwell St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.