TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Single wide Manufactured homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.
Closed
$259,900
2253 Bellew Dr #2247-53, Bowman, GA 30624
13beds
9baths
--sqft
Multi Family
Built in 2001
-- sqft lot
$264,500 Zestimate®
$--/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 08, 2024 at 06:01am
Listed by:
Connie Nealy 706-522-2056,
Lake Homes Realty LLC
Bought with:
Esau Linares, 392410
Keller Williams Greater Athens
Source: GAMLS,MLS#: 20173045

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 9
Heating
- Electric, Central, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Electric, Heat Pump
Appliances
- Laundry: In Unit
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Over 1 Space per Unit, Side/Rear Entrance
Features
- Levels: One
- Stories: 1
- Body of water: Close To Lake Hartwell & Lake Russell
Lot
- Size: 5 Acres
Details
- Parcel number: 006136
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Block, Pillar/Post/Pier
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Well
- Utilities for property: Electricity Individual Meters
Green energy
- Energy efficient items: Roof
- Water conservation: Low-Flow Fixtures
Community & neighborhood
Community
- Community features: None
Location
- Region: Bowman
- Subdivision: Bellew MHP
HOA & financial
HOA
- Has HOA: No
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Agency
Services availability

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