ATLANTA2255 Old Atlanta Road • Griffin , Georgia
Listing ID: 7216716
Price: $699,999
Status: Active
Address: 2255 Old Atlanta Road
City: Griffin
State: Georgia
Postal Code: 30223
Acres: 2.640
County: Spalding - GA
Subdivision: none
Griffin
GA
30223
BACK ON THE MARKET!!!!This offering is an opportunity to own the best of both worlds of a Mobile Home Park and Apartment building all on the same property. The whole property is a little less than 3 acres. Here is a 24-unit income producing property consisting of an 8- unit apartment property and 7 mobile homes all on the same lot. The whole property is sitting on a little less than 3 acres. Currently there are 15 rentable units. The new owner has an opportunity not only to increase the monthly cashflow but also to increase the value by adding an additional 9 mobile homes to fill up the park. The 8-unit property consists of 8 efficiency units renting at $700 per month. A brand-new roof was just installed less than 60 days ago on the apartment building. There is also a brand-new septic tank installed on the property less than 6 months ago. The mobile homes range from 2- 3 bedrooms paying $800-$1000+ per month. The Park currently averages $7500 per month in rental income. The owner pays the utilities on the apartment building and the water on the whole park. There is only one space paying just lot rent. All others are owned mobile homes. The mobile home park is in a great location close to the Atlanta Motor Speedway. Please do not disturb tenants. Walkthrough during due diligence period. Hurry, this will not last!!! Owner/Agent
Primary Features
County:
Spalding - GA
Property Sub Type:
Other
Property Type:
Residential Income
Subdivision:
none
Year Built:
1960
Interior
Cooling:
Other
Heating:
Electric
Levels:
One
Room Basement Level:
Basement
External
Construction Materials:
Other
Fencing:
None
Lot Features:
Other
Lot Size Dimensions:
x
Lot Size Source:
Public Records
Number Of Units Total:
24
Parking Features:
Paved
Pool Private:
no
Property Attached:
no
Roof:
Other
Sewer:
Septic Tank
Utilities:
Electricity Available
Water Body Name:
None
Water Source:
Public
Window Features:
None
Location
Association:
no
Community Features:
None
Directions:
Please GPS
Elementary School:
Cowan Road
High School:
Griffin
Middle School:
Cowan Road
View:
City
Waterfront Features:
None
Additional
Accessibility Features:
None
Assumable:
no
Green Energy Efficient:
None
Green Energy Generation:
None
Mls Property Type:
Residential Income
Mls Status:
Active
Owner Second:
no
Property Condition:
Resale
Special Circumstances:
None
Unit Count:
1
Financial
Current Price:
699999
Owner Financing:
no
Special Listing Conditions:
None
Tax Annual Amount:
6352
Tax Year:
2022
Zoning Info
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