Excellent investment opportunity in the city limits of Tallapoosa. This income-producing property includes five mobile homes, one single-family home, and three additional vacant pads, all serviced by city water and city sewer. The property generates strong, consistent income with a current operating income of approximately $6,990 a month. All units have been updated and turned, offering low ongoing maintenance needs. Four of the five mobile homes have new metal roofs, and all units feature updated electrical, updated plumbing, new flooring, new hot water heaters, and newer appliances. The single-family home has also been updated. Most major systems have already been addressed, making this a largely turnkey investment. The park includes three vacant sites that offer clear value-add potential for increased revenue through long-term tenants, short-term stays, or placement of additional park-owned homes. Separate electric meters are in place for all units, and city services provide predictable operational expenses. Located in a quiet area within Tallapoosa city limits, this property offers stable tenancy, reliable utilities, and straightforward management. Opportunities of this size, condition, and cash flow profile are rarely available in this market.
Listed By
Agency Name: Southern Homes & Land Realty
Agency Phone: 770-459-8841
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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108 Grant Street | MLS# 10822468
This commercial property located at 108 Grant Street, Tallapoosa, GA 30176 is currently listed for sale with an asking price of $595,000. Search Tallapoosa real estate on www.clhomes.com today.