TURN KEY INVESTMENT with Great returns (CAP Rate 10%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Single wide Manufactured homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.
Closed
$259,900
2253 Bellew Dr #2247-53, Bowman, GA 30624
13beds
--baths
--sqft
Multi Family
Built in 2001
-- sqft lot
$334,800 Zestimate®
$--/sqft
$950 Estimated rent
Home value
$334,800
$295,000 - $385,000
$950/mo
Zestimate® history
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Single wide manufactured homesLocated minutes from bowmanTrailer park
Zillow last checked:
Listing updated:
Listed by:
Connie Nealy 706-522-2056,
Lake Homes Realty LLC
Bought with:
Esau Linares, 392410
Keller Williams Greater Athens
Source: GAMLS,MLS#: 20173045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
Heating
- Electric, Central, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Electric, Heat Pump
Appliances
- Laundry: In Unit
Features
- Basement: None
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Over 1 Space per Unit, Side/Rear Entrance
Features
- Levels: One
- Stories: 1
- Body of water: Close To Lake Hartwell & Lake Russell
Lot
- Size: 5 Acres
Details
- Parcel number: 006136
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Block, Pillar/Post/Pier
Condition
- Resale
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Private Sewer, Septic Tank
- Water: Well
- Utilities for property: Electricity Individual Meters
Green energy
- Energy efficient items: Roof
- Water conservation: Low-Flow Fixtures
Community & HOA
Community
- Features: None
- Subdivision: Bellew MHP
HOA
- Has HOA: No
- Services included: None
Location
- Region: Bowman
Financial & listing details
- Annual tax amount: $1,500
- Date on market: 2/28/2024
- Cumulative days on market: 14 days
- Listing agreement: Exclusive Agency
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $259,900 |
Source:  GAMLS #20173045 Report a problem | ||
| 3/17/2024 | Pending sale | $259,900 |
Source: GAMLS #20173045 Report a problem | ||
| 2/28/2024 | Listed for sale | $259,900 |
Source: GAMLS #20173045 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 30624
Nearby homes
- $73,365-- bd1 ba1.2k sqft2233 Bellew Dr, Bowman, GA 30624Off Market
- $3,903-- bd-- ba-- sqftBellew Dr, Bowman, GA 30624Off Market
- $112,6003 bd2 ba1.2k sqft2243 Bellew Dr, Bowman, GA 30624Off Market
- $9,331-- bd-- ba-- sqft2200 Bellew Dr, Bowman, GA 30624Off Market
- $--33.605 Acres0 Bellew Dr, Bowman, GA 30624Off Market
- $7,3143 bd2 ba-- sqft2251 Bellew Dr, Bowman, GA 30624Off Market
- $18,671-- bd2 ba1.2k sqft2251 Bellew Dr, Bowman, GA 30624Off Market
- $236,500-- bd2 ba1.2k sqft2251 Bellew Dr, Bowman, GA 30624Off Market
Nearby schools
GreatSchools rating
- 5/10Elbert County Elementary SchoolGrades: 3-5Distance: 8.5 mi
- 4/10Elbert County Middle SchoolGrades: 6-8Distance: 8.7 mi
- 4/10Elbert County High SchoolGrades: 9-12Distance: 9 mi
Schools provided by the listing agent
- Elementary: Elbert Co Primary/Elem
- Middle: Elbert County
- High: Elbert County
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Georgia
- Elbert County
- Bowman
- 30624
- 2253 Bellew Dr Unit 2247-53
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