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$ 550,000
Est. payment /mo
Pending
108 Grant ST Tallapoosa, GA 30176
1,250 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $440
MLS Listing ID 10654533
HOA Y/N No
Year Built 1985
Annual Tax Amount $768
Tax Year 24
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 22215.6
Property Sub-Type Commercial
Source Georgia MLS 2
Property Description
Excellent investment opportunity in the city limits of Tallapoosa. This income-producing property includes five mobile homes, one single-family home, and three additional vacant pads, all serviced by city water and city sewer. The property generates strong, consistent income with a current net operating income of approximately $60,000 per year, after accounting for taxes, insurance, water, trash service, landscaping, and management. All units have been updated and turned, offering low ongoing maintenance needs. Four of the five mobile homes have new metal roofs, and all units feature updated electrical, updated plumbing, new flooring, new hot water heaters, and newer appliances. The single-family home has also been updated. Most major systems have already been addressed, making this a largely turnkey investment. The park includes three vacant sites that offer clear value-add potential for increased revenue through long-term tenants, short-term stays, or placement of additional park-owned homes. Separate electric meters are in place for all units, and city services provide predictable operational expenses. Located in a quiet area within Tallapoosa city limits, this property offers stable tenancy, reliable utilities, and straightforward management. Opportunities of this size, condition, and cash flow profile are rarely available in this market. Owner financing may be considered.
Location
State GA
County Haralson
Zoning Mobile Home Park
Interior
Heating Propane
Cooling None
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Sewer Available, Water Available
View Y/N No
Garage No
Private Pool No
Building
Lot Description City Lot
Faces GPS
Sewer Public Sewer
Water Public
Structure Type Wood Siding
New Construction No
Others
Tax ID 0034B0173
Special Listing Condition Updated/Remodeled
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