NOT LISTED FOR SALE

7640 Old Hwy 259 Waynesville, GA

-- Bed
-- Bath
12,812 Sq Ft
5.9 Acres

Last Sold September 10, 2025

Last sale price $500,000 $39 Per Sq Ft

About This Home

As of September 2025

Stabilized, proven, and affordable opportunity for savvy investors seeking immediate cash flow and value-add play! Located in Waynesville, Georgia, "Shady Oaks" mobile home park is 5.90 acres featuring 14 mobile homes, 1 stick-built home and 2 vacant lots (17 total "pads") spaced out in a quiet, rural setting, offering tenant privacy. Strong tenant demand and room for expansion, this asset is well-positioned for continued income and future growth. All 14 mobile homes are single-wides and parked-owned ("POH"), each with its own septic tank. 2 separate wells on site. 2 empty lots on site are shovel ready and ideal for future development or additional units. Mobile home models are 1970–1996 offering a mix of vintage and more modern units. Multiple on-site storage structures can provide added rental or utility potential. Minimal competition, and consistent demand for affordable housing in this submarket keep the tenant prospects lined up with quick turns. Potential to increase rents, modernize units, and / or develop additional pads, the best days are ahead for this park and your investment. Potential Gross rent roll is $9,265 / month with mobile home rents ranging from $515-$700 / month. Stick built home recently rented for $900 / month. Proforma cap rate is 10.27% at 45% operating expense factor!!! Rent roll and financials available to qualified prospects.

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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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
09/10/2025 09/10/25 Sold $500,000 -16.0% $39 / Sq Ft
07/14/2025 07/14/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $595,000 -- $46 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Courson

    Seller's Agent in 2025

    John Courson

    COLDWELL BANKER PREMIER REAL E

    (229) 251-4632

    1 in this area

    53 Total Sales

    John Courson
    Section Image

  • N

    Buyer's Agent in 2025

    NON MLS SALES NON MLS SALES

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Map

Georgia Brantley County Waynesville 31566

7640 Old Hwy 259, Waynesville, GA

This home is located at 7640 Old Hwy 259, Waynesville, GA . 7640 Old Hwy 259 is a home located in Brantley County with nearby schools including Waynesville Primary School, Atkinson Elementary School, and Brantley County Middle School.

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