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56 Egypt Road #10, 
Thomasville, GA 31757

$249,900


Bed


Bath


8,608

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

John Courson

229-244-3535

Last updated:

June 24, 2025, 02:57 PM

MLS#

143339

Source:

GA VBR

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About This Home

56 Egypt Road #10

Camellia Estates Mobile Home Park is a well positioned mobile home park in quiet and desirable northeast Thomas County of charming southwest Georgia! Proven, stabilized and affordable investment to start up or add to your portfolio with little to nothing needed to be done to start collecting on closing day! 10 mobile homes on site in a combination of 7 paying lot rent - 3 of which are on rent to own (RTO) scenario, and 1 manager unit. All 10 MHs are single-wides that share deep well and have individual septic tanks. Tenants are direct billed from utility company for their own electricity / internet, private dirt interior road, and LL provides dumpster service. Total site is 4.197 acres. 7 tenant-owned MHs pay $255 / month lot rent, 2 park owned MHs tenants pay market rents of $390 & $450, 1 long time on-site property manager gets free rent in a park owned MH in exchange for lawn care, maintenance coordination and other PM duties. 2 RTO MHs are closing in on upcoming maturation dates ($2,580 total balance remaining). Rent Roll and financials available to qualified prospects - valuation is 9.45% cap rate at $2,625 current rents when RTO balances are paid in full and 25% operating expense factor. Upside / value-add play here with bumping lot rents to $300 and collecting PM rent at market rate pushes this to 12.8% cap with minimal LL duties and maintenance!

Home Facts

Multi-Family

Price Summary

249,900

$29 per Sq. Ft.

MLS #:

143339

Last Updated:

June 24, 2025, 02:57 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

8,608 Sq. Ft.


Structure

Structure

Building Area:

8,608 Sq. Ft.


Lot

Lot Size (Sq. Ft):

182,821


Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$29 per Sq. Ft.

56 Egypt Road #10
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® June 24, 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.