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3001 Punch Hammond Rd
Cumming, GA 30040
Multifamily Property For Sale
·
13,066 SF
PROPERTY FACTS
ABOUT 3001 PUNCH HAMMOND RD , CUMMING, GA 30040
Swartz Co Commercial Real Estate is excited to be appointed as the exclusive broker for a remarkable investment opportunity – this 16-unit mobile home park for sale. Situated in the rapidly growing and highly sought-after market of Cumming, Georgia, one of the hottest markets within the Atlanta MSA, this portfolio offers immediate cash flow with incredible upside potential. The NOI stands at $160K, resulting in a 7.1% cap rate with a pro forma at an 8.4% cap rate, ensuring stable and predictable revenue. The park is currently 100% occupied, providing consistent income from reliable tenants already leasing the homes. With no vacancies and a solid rental history, this is a prime opportunity for investors. Feel free to contact Ryan Swartzberg for the rent roll or any questions regarding the property. - $2,250,000 - $160k NOI - Cumming, GA - 16 Park Owned Homes - 7.1% Cap Rate - Room to Raise Rents - 8.4 % pro forma cap rate
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 9 | - | - |
| 2+2 | 3 | - | - |
| 3+2 | 4 | - | - |
