Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom commercial at 851 Mount Pleasant Road in Waycross, GA is listed for $699,000. on a 3.06 acres lot.
TInvestment Opportunity - 24-Lot Mobile Home Park | 11% Cap RateThis 24-lot mobile home park offers a strong mix of current income, operational stability, and value-add potential.Financial Overview:Annual Gross Rent: $91,500Annual Net Income: $76,845.62 (as of 03/31/2026)Cap Rate: 11%Average Rent (Park-Owned Homes): $625/monthCurrent Occupancy:13 p
ark-owned mobile homes - tenant occupied1 tenant-owned home - long-term lot rentMajority of tenants are under lease agreementsTenants pay utilitiesValue-Add Opportunities:3 abandoned homes (seller actively working to secure titles)1 unit down to shell - ready for remodel1 additional home in need of renovationExpansion Potential:5 vacant lots with e
xisting water, sewer, and electrical already in placeMarket lot rent for these sites estimated at $250-$350/monthOpportunity to add park-owned homes or expand lot rent portfolioOperations:Currently managed by a professional property management company, offering a turnkey investment opportunity for new ownership. With infrastructure in place and multiple avenues to increase revenue, this property is well-positioned for an investor seeking immediate cash flow with upside through expansion and improvements.
Key Features
- 3.06 acre lot
- 20 parking spaces
Property Details
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
851 Mount Pleasant Road
Waycross, GA 31503
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 851 Mount Pleasant Road is listed at $699,000. The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.
Key features include: 3.06 acre lot, 20 parking spaces.
This property is listed by Angela A Strickland and can be reached at 9122860267 or angela@crosswayrealty.com.
