-
172 PALLET MILL RD THOMASTON, GA 30286
- Mobile or Manufactured Home / Resale (MLS)
![](/guest/rimages/img-sample-map.png)
Property Details for 172 PALLET MILL RD, THOMASTON, GA 30286
Features
- Lot Size: 695653.00 sq. ft.
- Total Units: 5
- Stories: 100
- Roof Type: Metal
- Heating: Central Furnace
- Exterior Walls: Wood
Facts
- Year Built: 01/01/1991
- Property ID: 865247744
- MLS Number: 10265044
- Parcel Number: 035-006
- Property Type: Mobile or Manufactured Home
- County: UPSON
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. This property presents an attractive opportunity for investors or owner-occupants, featuring three apartment-style units (A-B-C) with a combined total of 1782 square feet, a single-family 1-bedroom tiny home spanning 488 square feet, and a 2-bedroom, 1-bath modular home totaling 972 square feet, all situated on 7 acres of land. The property generates a gross income of $2575, resulting in a net operating income (NOI) of $1925 per month or $23,100 per year, offering investors an enticing 11% capitalization rate (Cap Rate). Furthermore, the adjacent 22 acres are available for potential expansion, providing an opportunity to leverage passive income to cover mortgage expenses. During the due diligence process, all leases and leaders will be made available, ensuring transparency and clarity for prospective buyers. For more information on additional 22 acres, please refer to MLS # [10265048].
Real Estate Professional In Your Area
Are you a Real Estate Agent?
Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area
Click here to view more details
Property Brokerage:
MARVERRAN PROPERTIES LLC DBA REMAX SOUTHERN
232 S 10th Street
Griffin
GA
30224
Copyright © 2024 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
![](/guest/rimages/img-onboard.png)
All information provided is deemed reliable, but is not guaranteed and should be independently verified.