Historical Multifamily Sale Listing - Cabana Court

Multifamily For Sale

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Cabana Court

4559 US Hwy 17 N, Brunswick, GA 31525

N/A

36 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
36
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
11%
Occupancy:
89%
Lot Size:
9 AC
Listing ID
16365707
Last Updated
over 1 year ago

Description

Park is 36 units; owner owns 30 units others pay monthly lot rent on space. Park is 9.01 acres with community water and septic tanks. Utilities surround property for any future expansion of park. Park backs up to commercial/industrial Park for potential rezoning. Well system is 4 years old with a 700'deep well. Park also features paved private roads and street lighting that is censored to day and night. Park averages in monthly revenue of $14,800.00. Parks yearly expenses are $31,196.00 which includes (Insurance, trash pick up, stickers for units, property taxes, utilities, street lights, water testing by Water Company, and maintenance).

HWY 17 10Miles to St.Simons.

Map of 4559 US Hwy 17 N, Brunswick, GA 31525 (Glynn County)

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