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7322 Hwy 122 #13, 
Ray City, GA 31645

$949,000


Bed


Bath


12,648

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

John Courson

229-244-3535

Last updated:

August 6, 2025, 03:04 PM

MLS#

145723

Source:

GA VBR

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About This Home

7322 Hwy 122 #13

Walker's Crossing Mobile Home Park in northeast Lowndes County is a rare opportunity to invest in a turnkey operation and create value immediately or over time when units naturally turn! 14 pad sites, with 13 park-owned homes updated over the past couple of years attract and retain highest quality tenants paying premium rents! Just north of one of the largest economic drivers in South Georgia - Moody Air Force Base - this high-growth location and product is unmatched. The Moody Activity Zone (MAZ-II) zoning in place restricts new multi-family and / or mobile home park development creating a long-term competitive advantage for this grandfathered-in location. Current rents at $11,075 / month peg this investment at a 9.1% in place cap rate with 35% operating expense factor. Pushing under market rents up even slightly puts this north Lowndes County MHP at an 11%+ cap!! Well and septic in place, mobile-home units individually metered and direct billed by utility provider for power. One extra pad / vacant lot can be developed for mini-storage for additional income. 2 double-wides, 11 single-wides provide a variety of 1/1, 2/1, and 3/2 housing options. Small storage building on site provides room for equipment / supplies. These clean and affordable mobile home park investments are rare for this market - call for rent roll and financials on this solid investment opportunity today!!!

Home Facts

Multi-Family

Price Summary

949,000

$75 per Sq. Ft.

MLS #:

145723

Last Updated:

August 6, 2025, 03:04 PM

Added:

10 day(s) ago


Rooms & Interior

Interior

Living Area:

12,648 Sq. Ft.


Structure

Structure

Building Area:

12,648 Sq. Ft.


Lot

Lot Size (Sq. Ft):

146,361


Finances & Disclosures

Finances

Price:

$949,000

Price per Sq. Ft:

$75 per Sq. Ft.

7322 Hwy 122 #13
Source:GA VBR
IDX information being provided is for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Humboldt Association of REALTORS® August 6, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.