# 851 Mount Pleasant Road, Waycross, GA 31503

> **TL;DR:** commercial, $699,000. Est. $3,029/mo. Listed 131 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $699,000 |
| Lot Size | 133,294 sqft (3.06 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 131 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,029 |
| **Total** | **$3,029** |

## Property Highlights

- 3.06 acre lot
- 20 parking spaces

## Description

### Agent Description
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 park-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 existing 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.

## Location

- **Address:** 851 Mount Pleasant Road, Waycross, GA 31503
- **County:** Ware
- **Coordinates:** 31.212713, -82.327447
- **Google Maps:** https://www.google.com/maps?q=31.212713,-82.327447

## Listing Agent

- **Name:** Angela A Strickland
- **Brokerage:** Crossway Realty
- **Phone:** 9122860267
- **Email:** angela@crosswayrealty.com

## Primary Photo

![851 Mount Pleasant Road - Primary Photo](http://lh.rdcpix.com/d0c16952a992a1a66e9240448a7faeedl-f2596201229r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/851-mount-pleasant-road-waycross-ga-31503-1659242)*

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**MLS#:** 1659242 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Golden Isles Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/851-mount-pleasant-road-waycross-ga-31503-1659242)

---

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