$220,000
$219,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
6.22 Acres Lot
SOLD DATE : 02/28/2023
Key Details
Sold Price $220,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10130032
Sold Date 02/28/23
HOA Y/N No
Year Built 1970
Annual Tax Amount $1,385
Tax Year 2022
Lot Size 6.220 Acres
Acres 6.22
Lot Dimensions 6.22
Source Georgia MLS 2
Property Description
Mobile home park in Dalton GA for sale! There are 5 mobile homes on the 6.22 acres. All mobiles are park owned and all 5 tenants are on month-to-month. It's an 8 minutes to I-75, and 11 minutes to downtown Dalton. This is a 1.6% property if you like that ratio. If you like the Gross Rent Multiplier math - this is a 62! The lower the number the better for the buyer. This year's projected income is $42,260 in rent This years's expenses are: $7,486 total All Tenants pay their own power bill, on individual meters. County water paid for by owner. We spent over $40,000 in remodel and park clean up. That included appliances, hot water heaters, electrical, fixing leaks, two steps/decks, new bathroom remodel, tons and tons of trash removal, and a bunch of odds and ends One of the Sellers is a licensed agent in the state of Georgia.
Location
State GA
County Whitfield
Rooms
Basement Crawl Space
Interior
Heating Electric
Cooling Window Unit(s)
Fireplace No
Laundry In Unit
Exterior
Parking Features Off Street
Garage Spaces 20.0
Community Features None
Utilities Available Electricity Individual Meters, Water Billing Prorated
View Y/N No
Total Parking Spaces 20
Garage No
Private Pool No
Building
Faces From I-75 north, take exit onto GA HWY 3. Continue onto GA HWY 3 for about 2 miles. Turn left onto Abutment Rd/Lakeland Rd SE. Go about 0.8 miles and turn right onto Callahan Rd. Go about 0.9 miles and turn right onto Sapp Way. The mobile homes will be on the right.
Foundation Pillar/Post/Pier
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding
New Construction No
Schools
Elementary Schools Valley Point
Middle Schools Valley Point
High Schools Southeast Whitfield
Others
HOA Fee Include None
Tax ID 1302504000
Acceptable Financing 1031 Exchange, Cash, Lease Purchase, Private Financing Available
Listing Terms 1031 Exchange, Cash, Lease Purchase, Private Financing Available
Special Listing Condition Resale
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