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0 Walters Ln, Rossville, GA 30741

Commercial property for sale

  • Description
  • This nice mobile home park (MHP) is located in Rossville, GA near the Chickamauga Battlefield Park. The seller has provided 4-years of excellent operating results for this property. At list price the Cap Rate is 9.38% for 2012 and 11.68% and 11.57% for 2010 and 2011, respectively. There are 19 trailer sites and 1 small home on the property currently. Current occupancy is 95% (19 out of 20 spaces occupied). The tenants pay rent for the leased sites but they own their own trailers. Many of the tenants have been there for more than 5 years. Many of the trailers are older than the allowed age to be transported to a different location. So, in one sense, many of the tenants cannot move without losing their trailer. There is some opportunity to expand the park to include more leasable spaces but might require further investment. Please be sure to review the attached financial information. Building price details: $230,000.
  • Property Details
  • Building Name: Plantation Mobile Home Park
    Property Type: Multifamily
    Use Types: Mobile Home Park
    Status: Available
    Price: $ 11,500 +/Unit
    Number of Stories: 1
    MSA: Chattanooga
    Zoning: R3
    Buildings: 20
    Terms: Cash to Seller
    Added: 04/02/2013
    Last Update: 06/21/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 40
    Parking Type: Surface
  • Contact info
  • Robert Fisher: 423-664-1550 [Office]
    KW Commercial

  • Note

  • Details Info about this row that located on 0 Walters Ln, Rossville, GA 30741 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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