401 Dead Oak Rd - 4 Units #4, Douglas, GA 31533
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401 Dead Oak Rd - 4 Units #4, Douglas, GA 31533
401 Dead Oak Rd - 4 Units #4, Douglas, GA 31533
401 Dead Oak Rd - 4 Units #4, Douglas, GA 31533
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Robin Wetherington

Robin Wetherington

+1(229) 682-4737
Listed by Caleb Ross Canopy Realty Group
$ 320,000
Est. payment /mo
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401 Dead Oak Rd - 4 Units #4 Douglas, GA 31533

10 Beds

8 Baths

5,592 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Unit

Listing Status Active

Purchase Type For Sale

Square Footage 5,592 sqft

Price per Sqft $57

Subdivision Hickory Ridge

MLS Listing ID 153889

Bedrooms 10

HOA Y/N No

Lot Size 3.300 Acres

Property Sub-Type Multi Unit

Property Description

Strong cash flow and significant upside potential highlight this 4-unit mobile home portfolio in Douglas, Georgia. The portfolio consists of two 3BR/2BA homes and two 2BR/2BA homes, with three homes located together on a single parcel at the end of a cul-de-sac and the fourth just a short distance away. Current rents are $850, $750, $1,100, and $575 per month, providing immediate income while still offering upside. Market rents support approximately $950 per unit, creating a clear path to increased cash flow through rent optimization. All homes have been renovated and feature central heating and air conditioning, new metal roofs, and little-to-no deferred maintenance. Each unit is individually metered, with tenants paying utilities directly to providers, helping keep ownership expenses low. Additionally, all mobile home titles are in hand, providing a smooth transaction process. Offered at $330,000, the portfolio delivers an attractive 9.67% pro forma cap rate based on market rents and a conservative 30% expense ratio. With strong in-place income, recent capital improvements, and operational efficiencies, this is an excellent opportunity for investors seeking durable cash flow and long-term returns in the growing Douglas rental market. Tenant Occupied, do not approach or disturb tenants. Interior showings allowed only when under contract during DDP.

Location

State GA

Area 11-Other

Zoning R

Interior

Interior Features Other

Heating Central

Cooling Central Air, Electric

Appliance Other

Exterior

Exterior Feature Other

Parking Features 3+ Cars

Garage Spaces 3.0

View Y/N No

Roof Type Metal

Garage No

Building

Story 1

Sewer Septic Tank

Water Public

Level or Stories One

Others

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Robin Wetherington

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(229) 682-4737

robin.wetherington@exprealty.com

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401 Dead Oak Rd - 4 Units #4