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 properties

Property subtype

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

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].