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Listed by Caleb Ross Canopy Realty Group
$ 360,000
Est. payment /mo
Active
205 George Teston Rd - 4 Units #4 Nicholls, GA 31554
13 Beds
8 Baths
7,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $51
MLS Listing ID 153900
Bedrooms 13
HOA Y/N No
Lot Size 3.000 Acres
Property Sub-Type Multi Unit
Property Description
This 4-unit mobile home portfolio offers investors immediate cash flow and strong upside potential in the Douglas rental market. Located on George Teston Road and Tommy Meeks Road, the portfolio consists of one 4BR/2BA home and three 3BR/2BA homes, providing a desirable mix of larger floor plans that remain in high demand. All four units are currently occupied, with existing rents of $1,000, $1,000, $600, and $1,000 per month. Market rents support approximately $1,000 per month per unit, providing immediate upside through the repositioning of the under-market tenancy while maintaining strong in-place cash flow. Recent capital improvements include two new metal roofs, and the portfolio offers minimal deferred maintenance. The larger unit sizes continue to attract families and long-term tenants, contributing to stable occupancy and consistent rental demand. With strong current income, below-market rents, and a desirable location in the growing Douglas market, this portfolio presents an excellent opportunity for investors seeking both dependable cash flow and future rental growth. Tenant occupied. Please do not approach or disturb tenants. Interior showings will be permitted only after a property is under contract during the Due Diligence Period.
Location
State GA
Area 11-Other
Zoning R
Interior
Interior Features Other
Heating None
Cooling Wall/Window Unit(s)
Appliance Other
Exterior
Exterior Feature None
Parking Features 3+ Cars
Garage Spaces 3.0
View Y/N No
Roof Type Metal
Garage No
Building
Story 1
Sewer Septic Tank
Water Well
Level or Stories One
Nearby Locations
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