Property overview
Tifton is a growing leisure destination in the heart of charming South Georgia. Here, you will find the perfect combination of welcoming hometown appeal and exciting cultural chic. Strategically located just 2.5 hours south of Atlanta, Tifton can be reached easily by I-75, US 319, US 82, and US 41. Tifton and Tift County have deep roots in agriculture. Discover scenic, sprawling farmlands that use state-of-the-art agricultural technology, and relish a blast-from-the-past historic working farmstead. The city has a vast collection of museums, art galleries, shopping venues, historic sites, restaurants and outdoor recreation opportunities. Tift County is an ideal business and residential location due to the balance between availability of business services, city style amenities and quality of life. Tifton offers a wonderful lifestyle for young professionals, families and senior citizens.
MHRE Inc. is pleased to present Union Road Mobile Home park located in Tifton, Georgia. Built in 1960’s, the investment opportunity consists of 45 MHP sites. There are 36 park owned homes, in which 33 are occupied leased homes 3 vacant homes that are rehabbed and move in ready, and 5 vacant sites with homes ready to be brought in. Union Road is located in Tift County. Tift County is a county located in the central portion of the U.S. state of Georgia. The southern edge of the county. Tifton is located South Georgia along Interstate 75, which runs north to south through the city, leading north 167 mi (269 km) to Atlanta and south 45 mi (72 km) to Valdosta. Other highways that pass through the city include U.S. Route 41, U.S. Route 82, U.S. Route 319, and Georgia State Route 125.
Union Road
4977 Union Rd
Tifton, Georgia 31794
For detailed information on this property please contact: Steve Yank (858) 699-9866.
Property Summary
| Total Sites | 45 |
| Year Constructed | 1972 |
| Land (Acres) + | 8.32 |
| Occupied Sites | 37 |
| Vacant Sites | 8 |
| Occupancy | 82% |
| Average Rent/Site | $147 |
| PRIMARY USE | MHP |
| PROPERTY TYPE | Fammily |
| WATER | Municipal |
| SEWER | Septic |
OFFERING SUMMARY
| Community Price | $729,000 |
| Community Owned Homes & Notes | $0 |
| Total Investment | $729,000 |
| Cap Rate - Year 1 (With Reserves) | 9.58% |
HOME SUMMARY
| LEASED HOMES | 33 |
| MODELS/INVENTORY | 3 |