Chaserville Mobile Home Park & community is a small park investor's dream! 20 good-looking and well-kept units on separate 1 acre + parcels with control of a private community h2o system! NE Cook County is south Georgia living at it's finest and Chaserville shows it!. Quiet country setting w/ SW & DW units throughout this well designed community with paved public roads. Mostly long-term and likely life-long tenants here, each MH permanently attached to real estate w/ central HVAC, & many recent new roofs. Usually runs at 100% occupancy with gross income of $11,945/mo ($10,900 rent + $1,045 over 19 additional h2o accounts). 9.36% cap rate at the proforma $93,171 NOI with 35% OPEX factor. PGI and cap could easily be raised by charging current 20 tenants $55/mo h2o fee. Purchase alone or w/ sister property with a portfolio of 18 additional units avail! See MLS # 127816.
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