Improved Residential Land for Sale in Ray City, Georgia

Income-producing mobile home park in Ray City, GA generating $3,915 per month in gross rental income, with significant upside through future rent increases. Situated on 3.57 acres, the property consists of five tenant-occupied mobile homes with current rents of $995, $995, $850, $550, and $525 per month. Each home is individually metered for electricity and served by its own septic system, while all units share a private well that was installed approximately two years ago. Tenants maintain their own lawns, helping keep operating expenses low. The homes were manufactured between 1988 and 1997 and all feature metal roofs. Each unit is equipped with HVAC, with all but one system having been replaced in recent years. At least one home has been renovated on the interior, and all titles are in hand and will convey with the sale. Several units are rented below market rates, providing an opportunity to increase revenue over time. The 3.57-acre tract also appears to offer room for additional development, with the potential to add approximately four to five more mobile home sites, subject to buyer verification of zoning and permitting requirements. This property presents an opportunity to acquire a stabilized mobile home park with existing cash flow and multiple avenues for future income growth.