492 Georgia Hwy 87Cochran, GA 31014

Property Details for 492 Georgia Hwy 87

Lot size

16.95 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 16.95-acre mobile home park located at 492 Georgia Hwy 87 S, Cochran, GA 31014. Priced at $1,300,000, the property boasts a diverse range of features, including 16 existing mobile homes and an additional 15 vacant lots ready for development, offering significant expansion potential. Four of these vacant lots are currently generating rental income from lot leases alone. The property also includes a substantial stick-built house and a separate warehouse building, adding to its versatility and income streams. The park is conveniently situated approximately two miles south of Cochran on Highway 23/Georgia Highway 87, providing easy access to local amenities and transportation routes. The property utilizes a well and septic tank system for its water and waste management needs. This well-maintained mobile home park presents a compelling investment opportunity for those seeking a profitable venture in the Georgia real estate market. The combination of existing income-generating units, vacant lots for expansion, and additional structures makes this a truly unique and attractive proposition. The substantial lot size provides ample room for future growth and development, allowing for increased revenue and return on investment. This is a turnkey operation ready for a new owner to step in and capitalize on its existing success and potential.

Location Insight

City

Cochran

County

Bleckley

State

Georgia

Latitude

32.3687

Longitude

-83.3271

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