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600 Lee Ave, Chickamauga, GA 30707

$9,734+/Unit

Commercial property for lease

Added: 06/17/2013
Last Update: 10/21/2013
600 Lee Ave Chickamauga, GA 30707 US
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Contact info

  • 423-875-3600 [Office] 

Description

Includes properties at 599 and 600 Lee Lane. Investment Opportunity! Mobile home community of 94 lots and 74 seller owned homes (approximately 55,000 RSF). ProForma annual income is $432,000 @ 100% occupied. Excellent location on main road just blocks from the beautiful town of Chickamauga. Located in an excellent school district, easy to attract paying tenants. Park has been under professional management for 9 months. Delinquent accounts have been evicted and over $50,000 of rehab has been completed. Occupancy rates and income have been steadily growing. Excellent opportunity to buy a cash flow investment in a wonderful location. Building price details: $915,000.

Property Details

  • Building Name:Chestnut Hills Mobile Home Village
  • Type: Multifamily
  • Use Types:Mobile Home Park
  • Status: Available
  • MSA: Chattanooga
  • Buildings: 74
  • Broadband Internet: Cable, DSL

Terms

  • Cash to Seller 

Agent

William B Raines Jr.
423-875-3600 [Office]

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