
Land with Home for Sale in Douglas, Georgia
Coffee County, Douglas, GA 31533
Strong cash flow and significant upside potential highlight this 4-unit mobile home portfolio in Douglas, Georgia. The portfolio consists of two 3BR/2BA homes and two 2BR/2BA homes, with three homes located together on a single parcel at the end of a cul-de-sac and the fourth just a short distance away. Current rents are $850, $750, $1,100, and $575 per month, providing immediate income while still offering upside. Market rents support approximately $950 per unit, creating a clear path to increased cash flow through rent optimization. All homes have been renovated and feature central heating and air conditioning, new metal roofs, and little-to-no deferred maintenance. Each unit is individually metered, with tenants paying utilities directly to providers, helping keep ownership expenses low. Additionally, all mobile home titles are in hand, providing a smooth transaction process. Offered at $330,000, the portfolio delivers an attractive 9.67% pro forma cap rate based on market rents and a conservative 30% expense ratio. With strong in-place income, recent capital improvements, and operational efficiencies, this is an excellent opportunity for investors seeking durable cash flow and long-term returns in the growing Douglas rental market. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.
Location
- County
- Coffee County
- Zip code
- 31533
- Community
- Hickory Ridge
- Elevation
- 241 feet
Property details
- Acreage
- 3.3 acres
- Zoning
- R
- MLS #
- VMLS 153889
- Posted
Property taxes
- 2025
- $351
Parcels
- 0115 153J
- 0130 019C
Legal description
LOT 12 HICKORY RIDGE, LL236 6TH LD LOT 17 HICKORY
Details and features
Listing
- Type
- Residential Multi Family
- Address
- 401 Dead Oak RD - 4 Units
Structure
- Stories
- 1
- Water
- Public
- Sewer
- Septic Tank
- Heating
- Central
- Cooling
- Central Air, Electric
- Materials
- Metal Siding
- Roof
- Metal
Interior
- Rooms
- Bathroom x 8, Bedroom x 10
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 3, 2026 | New listing | $330,000 | — | VMLS |