$1,650,000
SOLD SEP 11, 2024

38 MOBILE HOMES Juniper High Bluff Central Ave Waycross, GA 31501

-- Bed
-- Bath
-- Sq Ft
30.93 Acres

Recently Sold

17% Below List Price

11 Days on Market

Highlights

  • 30.93 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of September 2024

Incredible opportunity to expand your investment portfolio by adding these 4 established Mobile Home Parks in Waycross, GA with HUGE growth protentional! Proven rental history, full occupancy and value-add potential here make this a prime opportunity to capitalize on the housing shortage in Waycross. This package includes 6 land parcels with 38 singlewide mobile homes currently generating a monthly income of $25,637.00 with most units under market average for rents. This investment offers substantial value-add potential as well, with over 13.7 additional acres just waiting for you to expand as well as 6 additional empty lots that are already approved for added dwellings.

Last Agent to Sell the Property

Caleb Ross

Canopy Realty Group License #433083 Listed on: 06/06/2024

Last Buyer's Agent

Caleb Ross

Canopy Realty Group License #433083 Listed on: 06/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1996

Parking

  • Side or Rear Entrance to Parking

Home Design

  • Aluminum Siding

Schools

  • Ruskin Elementary School
  • Waycross Middle School
  • Ware County High School

Utilities

  • Window Unit Cooling System
  • No Heating
  • Underground Utilities
  • Shared Well
  • Septic Tank

Additional Features

  • 1-Story Property
  • 30.93 Acre Lot

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • No Home Owners Association
  • 38 Units

Building Details

  • Water Sewer Expense $3,360
  • Operating Expense $92,295
  • Gross Income $307,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,000

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1996
  • Financing Type: Cash
  • Levels: One
  • Lot Size Acres: 30.93
  • Structure Type: Multi Family (5+ Units)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: None

Exterior Features

  • Construction Materials: Aluminum Siding
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Side/Rear Entrance

Utilities

  • Cooling: Window Unit(s)
  • Heating: None
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Electricity Individual Meters, Sewer Connected, Underground Utilities, Water Billing Prorated, Water Individual Meters
  • Water Source: Public, Shared Well

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None
  • Water Sewer Expenses: 3360

Schools

  • Elementary School: Ruskin
  • High School: Ware County
  • Middle School: Waycross
  • Elementary School: Ruskin
  • Middle School: Waycross
  • High School: Ware County

Rental Info

  • Owner Pays: Water

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7000

Multi Family

  • GrossIncome: 307650
  • NumberOfUnitsTotal: 38
  • OperatingExpense: 92295

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $1,650,000 -17.5% --
06/17/2024 06/17/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $1,999,900 -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10313919

Georgia MLS