2690 Arena RdUnadilla, GA 31091

Property Details for 2690 Arena Rd

Year built

1973

Construction

WOOD

Lot size

11.56 AC

Property size (Sq ft)

3,100 SF

Zone code

C-1

Property type

Office buildings

APN

73 3

APU

733

Description

This 29.5-acre RV park in Unadilla, Georgia, presents a compelling value-add investment opportunity. Located just off I-75, boasting 50,000+ daily traffic, the resort benefits from its proximity to Macon, GA (under an hour away) and Warner Robins, home to Robins Air Force Base. The 191-site park, built around 1985, features a range of amenities including a pecan orchard, miniature golf, swimming pool, playground, clubhouse, and fishing pond. Significant upside potential exists through the conversion of 58 non-sewer sites to full hookups (increasing nightly rates from $20 to $45), expansion onto excess land (allowing for 200+ additional sites), and implementation of online reservation and revenue management systems. The property also includes 18 billboards leased for 99 years along I-75. The asking price is $2,500,000, representing a price per unit of $13,089. This Class B multifamily property is situated in an Opportunity Zone, offering additional investment advantages.

• CAP approach

  CAP return

  Valuation

  6%

  $394,301

  6.5%

  $363,971

  7%

  $337,973

• Comparable approach

  Method

  Valuation

  Relative Method

  $604,686

  Geo Method

  $604,686

• Alternative Use

  Use

  Valuation

  Residential

  $451,323

  Hospitality

  $413,410

  Educational

  $343,952

  Medical

  $355,781

  Retail

  $535,037

Location Insight

City

Unadilla

County

Dooly

State

Georgia

Latitude

32.2402

Longitude

-83.7386

Property Tax & Assessments

FAQs

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