Price
$ 1,000,000

3378 Milledgeville Road, Augusta, GA 30906  

3378 Milledgeville Road, Augusta, GA 30906  

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

Read More
Listing Type
Multi-Family
Listing ID
411201
Listing Status
Active
Year Built
1950
County
Richmond
Subdivision
None-1Ri
School District 1
Terrace Manor
School District 2
Glenn Hills
School District 3
Glenn Hills
Listing courtesy of SHERMAN & HEMSTREET REAL ESTATE
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX RIVER REALTY
    505 E Buena Vista Ave North Augusta, SC 29841 | Phone: (803) 341-9555
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.