Listed by Caleb Ross Canopy Realty Group
$165,750
Est. payment /mo
5 Beds
4 Baths
2,260 SqFt
Active
45 & 55 Sand Dollar Rd #2 Douglas, GA 31533
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Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,260 sqft
Price per Sqft $73
Subdivision Hickory Ridge
MLS Listing ID 153881
Bedrooms 5
HOA Y/N No
Lot Size 1.570 Acres
Property Sub-Type Multi Unit
Property Description
This income-producing property features two mobile homes situated on a single parcel, offering investors immediate cash flow with significant upside potential. The property includes a 3BR/2BA home currently rented for $700/month and a 2BR/2BA home currently rented for $600/month, while market rents support approximately $900/month and $800/month, respectively. Both tenants are currently on month-to-month leases, providing flexibility for investors to implement rental increases and capture additional income. One of the homes has benefited from a new metal roof, helping reduce near-term maintenance costs. The property is serviced by city water and septic, while tenants pay electricity and other utilities directly to the providers, creating an efficient expense structure for ownership. For investors seeking additional scale, this property may also be purchased as part of a larger package that includes four additional mobile homes on Dead Oak Road. With below-market rents, strong cash flow potential, and flexible tenancy, this asset presents an attractive value-add opportunity in the growing Douglas rental market. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
Location
State GA
Area 11-Other
Zoning R
Interior
Interior Features Other
Heating None
Cooling Other
Appliance Other
Exterior
Exterior Feature None
Parking Features 3+ Cars
Garage Spaces 3.0
View Y/N No
Roof Type Metal
Garage No
Building
Story 1
Sewer Septic Tank
Water Public
Level or Stories One
NEARBY SCHOOL & BUSINESS
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