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Investment Highlights

  • 37 Total Units: 30 RV lots, 4 cottages (including one duplex unit), and 1 commercial barber shop
  • City Utilities in Place: Connected to sewer and city water for ease of management
  • Stable Tenant Base: 23 long-term tenants with additional short-term occupancy potential
  • Prime In-Town Location: Walking distance to shopping, dining, and local amenities

Executive Summary

Positioned in the heart of Hiawassee’s highly desirable resort corridor near Lake Chatuge, this income-producing mixed-use investment opportunity offers a unique blend of RV park, residential, and commercial tenancy on 1.83± acres with full city utilities. The property includes a total of 37 income-generating units, comprised of 30 RV sites, 4 cottages (including one duplex-style cottage with two units), and a barber shop, delivering diversified revenue streams and strong occupancy stability.
Currently operating with a solid tenant base, the property features 23 long-term, year-round residents alongside 3 temporary occupants, with additional income derived from flexible short-term rentals. Tenants pay on a variety of schedules—including weekly, bi-weekly, and monthly arrangements—supporting consistent cash flow and operational flexibility. The owner currently covers water and electricity, simplifying tenant billing and enhancing occupancy retention.
Served by city sewer and water, this property eliminates the typical infrastructure concerns associated with rural or RV park investments. Its in-town location provides immediate access to shopping, dining, and local amenities, while also benefiting from proximity to the recreational draw of Lake Chatuge, making it attractive for both long-term residents and transient guests.SEE THE ATTACHED RENT ROLL AND FINANCIAL DETAIL: 37 units. 30 RV lots, 4 cottages(one cottage has 2 units), 1 barber shop. On sewer and city water. 23 long term year round tenants, 3 temporary. Owner pays water and electric. Sits in town close to shopping and resturants on 1.83 acres in the resort area next to Lake Chatuge. Some Tenants pay Monthly,Bi-Weekly and Weekly. SEE THE ATTACHED RENT ROLL AND FINANCIAL DETAIL

Property Facts

Price $1,735,000
Price Per Unit $46,892
Sale Type Investment
Cap Rate 11.65%
Sale Condition Bulk/Portfolio Sale
No. Units 37
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
Apartment Style Garden
Building Class C
Lot Size 2.43 AC
Building Size 79,856 SF
No. Stories 1
Year Built/Renovated 2010/2020
Parking Ratio 2.03/1,000 SF
Zoning C-3 Commercial
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0029-007A
  • 0029-007
Land Assessment
$128,032
Improvements Assessment
$581,051
Total Assessment
$709,083
  • Listing ID: 40011353

  • Date on Market: 4/2/2026

  • Last Updated:

  • Address: 2068 US-76, Hiawassee, GA 30546

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