Cash Flowing MHP - 96% Occupied - Elberton, GA

Highlights

• 24 Park Owned MH's
• 2 Privately Owned MH's
• 1 Vacant Lot
• Well Maintained Park
• 5 AC
• Property On Sewer
• Elbert County

Description

1055 Country Manor Lane offers a unique opportunity to acquire a well-positioned cash flowing mobile home park (MHP) in Elberton, Georgia — widely known as the “Granite Capital of the World.” Set on a spacious 5.19 acre lot with ample parking and easy access, this park contains 27 total lots, 24 park owned MH's, 2 private owned MH's, and 1 lot with a burnt MH. Property is nestled between Walmart, Ingles, and surrounding multi-family. The park sits +/-2 miles from the City of Elberton.

Within the last 18 months 10 of the 24 park owned MH's have been fully renovated and re-leased. The current gross monthly rental income is $18,100+. Current owner has invested +/-$235,000 in renovations to the property.

Utilities:
Water - 1 Meter for Park - Tenants Reimburse
Sewer - County
Electric - Individual MH Meters

Each tenant is screened via tenant application and is required to pay 1 month's rent + security deposit (equal to 1/mo rent).

Strategically located just minutes from downtown Elberton, 1055 Country Manor Lane offers a prime position within Georgia’s “Granite Capital.” This property enjoys convenient access to key highways including GA State Route 77 and Highway 72, facilitating seamless connections to Athens, Augusta, and Interstate 85.

Surrounding the property are a mix of residential neighborhoods, local businesses, and industrial operations, particularly those associated with the granite and monument industries, for which Elberton is nationally renowned. The area provides a solid labor pool and a supportive local business climate. Utilities and infrastructure are well-developed, and zoning flexibility may allow for a variety of commercial uses.

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