Cap Rate
8.5%
Lot Size
2.85 Acres
90 DUGGER DR NE, ROME, GA, 30165
Rome Mobile Home Park$834,816
Key Information
Units
19
Year Built
1999
Type
Manufactured Housing
Highlights
- 19 Total Lots
- Unique dual-site configuration across 73 Dugger Dr and 1080 Hennon Dr.
- Unit mix includes 12 Park-Owned Homes (PO-2+1), 5 Tenant-Owned Homes (TO), and 2 Rental Homes.
- Total Land Area of approximately 2.85 Acres consisting of a 1.98 AC and a 0.87 AC site.
- Current Average All In Rent of $900+ per month.
- Market Average Lot Rent proven at $500 per month.
- Projected Market Cap Rate of approximately 9% at stabilization.
- Value-add potential through the occupancy of 4 vacant lots.
- Stabilized Proforma Tenant Owned Income estimated at $120,000 annually.
Photos
Location
Agents
B
Brandt PancerLicense # 449006 (GA)
C
Connor KernsLicense # 408600 (GA)
Broker of Record
Maxx Bauman
License # 80041, 451849 (GA)Matthews Real Estate Investment Services, Inc3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305