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90 DUGGER DR NE, ROME, GA, 30165

Rome Mobile Home Park
$834,816

Key Information

Cap Rate
8.5%
Lot Size
2.85 Acres
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

Broker of Record

Maxx Bauman

License # 80041, 451849 (GA)
Matthews Real Estate Investment Services, Inc
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305