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8337 Hwy 53, Braselton, GA, 30517

West Side Villages MHP
$2,551,458

Key Information

Cap Rate
9.51%
Lot Size
33.02 Acres
Units
29
Year Built
1978
Type
Manufactured Housing
NOI
$242,610

Highlights

  • Total Lots & Acreage: 29 total lots situated on a combined 33.02 acres across two backing parcels.
  • Unit Mix: 26 park-owned homes (90%) and 3 tenant-owned homes (10%) provide a stable tenant base.
  • High Occupancy: Currently 100% occupied with consistent long-term tenants.
  • Low Density: Exceptionally low-density layout of 1 unit per acre.
  • Revenue Growth: Current average lot rent is $575, with a clear path to market rents of $600+.
  • High POH Rents: Extremely high park-owned home rents, averaging $1,150 per month.
  • Strong Returns: Historical cap rate of 9.50% offers attractive yield.
  • Expansion Potential: Dual parcel connectivity provides specialized access and expansion potential.
  • Value-Add Opportunity: $1.1M attributed to park-owned home inventory for significant value-add.
  • Strategic Location: Direct access to Interstate 85 and a 45–50 minute commute to downtown Atlanta.

Photos

Location

Agents

Broker of Record

Maxx Bauman

License # 80041, 451849 (GA)
Matthews Real Estate Investment Services, LLC
1600 West End Ave, Ste. 1500 Nashville, TN 37203