2331 Milledgeville Road
Augusta, GA 30904 ·
19 Spaces · Multifamily For Sale
Mobile Home Park & Leased Restaurant
|Price||N/A||Property Use Type||Investment|
|No. Spaces||19||Commission Split||4%|
|Property Type||Multifamily||Lot Size||2.71 AC|
Mobile Home/RV CommunityMore...
|APN / Parcel ID||071-4-031-00-0|
|Listing ID: 17471930||Date Created: 01/05/2012||Last Updated: 03/25/2014|
Great cash flow investment! Property includes leased, well-established restaurant and 19 unit mobile home park. The 2,416 restaurant leases for $1,200/month with three years remaining before another 5 year option at $1,600/month. House of Cheung - King of Wings is renowned in the area for their wings.
Mobile home park is located behind the restaurant and includes 6 mobile homes and 13 lots. Homes avg $296/month, and lots avg $120/mo. Total gross revenue is $54,420. Property just received $7,762 in capital improvements and upgrades.
Property is located on Milledgeville Road across the street from the Family Y community center, and near the intersection with Deans Bridge Road.
- Well established restaurant tennant
- Good long term residential renters
- Recent capital improvement made
- $52,000 Annual Gross Revenue
- Owner Financing Available
- Additional Adjacent Land Availalbe
2331 Milledgeville Road, Augusta, GA 30904 (Richmond County)
Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property
217 Telfair Street
Augusta, GA 30901
For Sale · $64,900
2,132 SF Building
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