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1081 Davis Cir - Boneville Estates 27.74 Acres of Commercial Land Offered at $1,679,000 in Thomson, GA 30824
Investment Highlights
- Value-Add Acquisition at Below-Market Basis
- Dominant Park-Owned Home Inventory
- No Rent Control
- Strong Upside Through Lease-Up of Renovated Units
- Proven Demand Corridor
Executive Summary
timeline. With 28 paying tenants in place and five units in active renovation, an investor can unlock near-term stabilization upside by completing turnover and leasing vacant homes at pro forma rents of $750/month. Minimal utility exposure, electric is individually metered and direct-billed, and public water lots are tenant-paid - keeps operating costs low and scalable as the park stabilizes.
Property Facts
| Price | $1,679,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Manufactured Homes or Mobile Home Park |
| No. Lots | 1 | Total Lot Size | 27.74 AC |
| Property Type | Land | ||
| Zoning | MH - Manufactured Housing / Mobile Home Park | ||
| Price | $1,679,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Manufactured Homes or Mobile Home Park |
| Total Lot Size | 27.74 AC |
| Zoning | MH - Manufactured Housing / Mobile Home Park |
1 Lot Available
Lot
| Price | $1,679,000 | Lot Size | 27.74 AC |
| Price Per AC | $60,526.32 |
| Price | $1,679,000 |
| Price Per AC | $60,526.32 |
| Lot Size | 27.74 AC |
Boneville Estates presents a compelling below-market acquisition at $49,382 per unit, with a 34-site manufactured housing community on 27.74 acres in Thomson. The property offers a clear path to full stabilization with immediate NOI growth potential.
Description
Boneville Estates is a 34-site manufactured housing community in Thomson, Georgia, 25 miles west of Augusta on I-20 offering a rare below-market entry into an undersupplied affordable housing corridor. With 33 park-owned homes (27 SW, 6 DW), 28 tenants paying in place, and five units in active renovation, the asset delivers immediate cash flow with a defined path to full stabilization.
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1081 Davis Cir - Boneville Estates
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