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    137 E Pace Drive

    Nicholson, GA 30565
    • $184,900
    • STATUS: Active
    • ON SITE: 19 Days
    • MLS #: 9047445
    UPDATED: 42 min ago
    $184,900
    • 0
      BEDS
    • 1.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Big potential for this Mobile Home Park Lot just off Highway 441 in Nicholson. Renovate the last mobile home left on the property, or bring four new homes in to have a brand new park. Zoned Rural Residential which allows for Mobile Home Park in City of Nicholson. Was previously set up with 4 homes. Great potential to have $4000++ per month income. Pro Forma NOI would say $30,000 Income for the year after expenses, and with an 8 Cap that means a value of $375,000. There are septics in place, one shared well, 4 power poles in place. Over 1.1 Acre lot, with wooded privacy and peaceful setting. Potential assemblage with neighboring property that was also a mobile home park in the past, and the same sellers have an additional Commercial Zoned lot that fronts Hwy 441. This just makes great sense for the huge shortage of affordable housing in the area. The other parcels from the same seller are 311 Pace Dr, which could possibly be converted to mobile home park, and is vacant, and the Commercial Lot at 55 Pace Dr.

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    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than EXP Georgia are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or EXP Georgia. Data last updated: 2021-09-28T18:52:14.823.
    www.southatlantaliving.com/homes/121245318
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    137 E Pace Drive Nicholson, GA 30565

    • Price: $184,900
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 9047445
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.13
    Acres
    Neighborhood:
    None
    County:
    Jackson
    Area:
    JACKSON
    Elementary School:
    East Jackson
    Middle School:
    East Jackson
    High School:
    Jackson County
    Property Description
    Big potential for this Mobile Home Park Lot just off Highway 441 in Nicholson. Renovate the last mobile home left on the property, or bring four new homes in to have a brand new park. Zoned Rural Residential which allows for Mobile Home Park in City of Nicholson. Was previously set up with 4 homes. Great potential to have $4000++ per month income. Pro Forma NOI would say $30,000 Income for the year after expenses, and with an 8 Cap that means a value of $375,000. There are septics in place, one shared well, 4 power poles in place. Over 1.1 Acre lot, with wooded privacy and peaceful setting. Potential assemblage with neighboring property that was also a mobile home park in the past, and the same sellers have an additional Commercial Zoned lot that fronts Hwy 441. This just makes great sense for the huge shortage of affordable housing in the area. The other parcels from the same seller are 311 Pace Dr, which could possibly be converted to mobile home park, and is vacant, and the Commercial Lot at 55 Pace Dr.
    Exterior Features

    Lot Features Other Lot Size Area 1.13 Lot Size Source Public Records Lot Size Units Acres View YN No

    Interior Features

    Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Units Square Feet Living Area Units Square Feet

    Property Features

    Association Fee 0 Community Features None Es Bus Yn Yes Hs Bus Yn Yes Ms Bus Yn Yes Property Sub Type Residential Lot Sewer Septic Tank Tax Annual Amount 3 Tax Year 2020 Waterfront YN No

    Listing provided courtesy of Greater Athens Properties. © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


    © 2021 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than EXP Georgia are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or EXP Georgia. Data last updated: 2021-09-28T18:52:14.823.
     
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    EXP Georgia
    103 Westpark Dr, Suite A
    Peachtree City GA, 30269