$499,900
108 Grant Street, Tallapoosa GA 30176
Tallapoosa, GA, 30176
4,500 sq ft
Listing Courtesy of: Southern Homes & Land Realty
About this home
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 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.
- Property type
- Commercial
- Year built
- 1985
- Lot size
- 0.51 ac
- Annual tax
- $1,300
- MLS #
- 10822468
Recently sold
These are past sales of other homes, not an estimate of this home’s value.
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