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207 Weisenbaker Road

Rincon, GA 31326
  • $3,400,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 269586
$3,400,000
  • 0
    BEDS
  • 9.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 411,206
    SQFT
  • $8
    $/SQFT
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

Red Gate Mobile Home Park has 30 lots, full occupied at $375 per lot, 0 park owned homes, $11,250 per month income, expenses average $2350 per month. Estimated net operating income is projected at $107,000 annually. Most recent rent increase was March 1, 2022 from $275 to $375 per month on lot rent. City of Rincon provides sewer services and the park has a private well. City water is available at foot of property. Trash and electricity are billed direct to tenant. Water and sewer is included in rent. Tenants are on a month-to-month lease. There's potential to develop this site for commercial use and assemble with neighboring sites (for sale on and off-market) for a total of 40+ acres within the heart of Rincon!

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© 2022 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or J Romero Group | Keller Williams Lowcountry. Real estate listings held by brokerage firms other than J Romero Group | Keller Williams Lowcountry are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-27T00:08:02.677.

www.jromerogroup.com/homes/129150324
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207 Weisenbaker Road Rincon, GA 31326

  • Price: $3,400,000
  • Status: Active
  • On Site: 32 Days
  • MLS #: 269586
0
Beds
0
Baths
0
½ Baths
9.44
Acres
411,206
SQFT
$8
$/SQFT
County:
Effingham
Area:
Rincon
Property Description
Red Gate Mobile Home Park has 30 lots, full occupied at $375 per lot, 0 park owned homes, $11,250 per month income, expenses average $2350 per month. Estimated net operating income is projected at $107,000 annually. Most recent rent increase was March 1, 2022 from $275 to $375 per month on lot rent. City of Rincon provides sewer services and the park has a private well. City water is available at foot of property. Trash and electricity are billed direct to tenant. Water and sewer is included in rent. Tenants are on a month-to-month lease. There's potential to develop this site for commercial use and assemble with neighboring sites (for sale on and off-market) for a total of 40+ acres within the heart of Rincon!
Property Features

Association YN No Listing Agreement Exclusive Right To Sell Listing Terms CashConventional1031 Exchange Lot Features City LotPublic Road Property Attached YN No Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 1273 Utilities Underground Utilities Water Source PrivateWell Waterfront YN No

Listing courtesy of Adrian Corbbrey Webber of Realty Georgia Llc. © 2022 Savannah Multi-List Corporation. All rights reserved.


© 2022 Savannah Multi-List Corporation. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Information is deemed reliable but is not guaranteed accurate by the MLS or J Romero Group | Keller Williams Lowcountry. Real estate listings held by brokerage firms other than J Romero Group | Keller Williams Lowcountry are marked with the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-06-27T00:08:02.677.

 
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