3378 Milledgeville Road

Estimated Monthly Payment: $4,560/mo 3378 Milledgeville Road, Augusta, GA 30906 MLS# 411201 10+ Units Listing Status: Active
0
13
0
0

REMARKS:

61 space mobile home community. 11 homes are rent to own. 1 unit is a stick built house, and 2 units are a duplex. 25 space renters, 2 park owned rentals, and 2 vacant homes in need of repair. Property includes a duplex and a stick built house. 18 vacant spaces but only around 5 of those are useable. Property is on county water/sewer with a portion of property on septics which are all in good working order and most of which are new. Lots of homes moved in over the last couple of years. Some vacant spaces still available for added upside. Close to Fort Gordon and I:520. Rent to own homes, a couple of park owned but mostly space renter park. Solid easy to run park with great returns and upside in raising rental rates.Rent increase is scheduled for January 1st 2017 and is not reflected in 2016 financials. Location has the potential over the next 10 years to be redeveloped for apartments or single family as the Army Cyber Command growth moves down Gordon highway towards this property. A

OVERVIEW:

10+ Units
Active
NONE-1RI
1950
Other-See Remarks
Other-See Remarks
Other-See Remarks
Other-See Remarks

FEATURES:

Other-See Remarks

SCHOOLS:

Terrace Manor
Glenn Hills

FINANCIAL:

$1,000,000

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of SHERMAN & HEMSTREET REAL ESTATE

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Augusta Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2017 Greater Augusta Association of Realtors. All rights reserved.