2245 TO 2253 Bellew Drive, Unit 5 UNITS Bowman, GA $ 259,900
2245 TO 2253 Bellew Drive, Unit 5 UNITS
$ 259,900
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2245 TO 2253 Bellew Drive, Unit 5 UNITS

Bowman, GA, 30624
$ 259,900
Baths0.0 Sq 5

Monthly Estimate*

$ 1,815

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Studio

Commercial Property for sale in Bowman, GA

for $259,900. This 5 square foot building was built in 2002 on a lot size of 5.

TURN KEY INVESTMENT with Great returns (CAP Rate 11%) - Trailer Park (5 units) kept in Very Good Condition. Gross Monthly Rental Income $3,100; Gross Annual Rental Income $35,100. 100% OCCUPIED. Current being managed by a Management Company making it a hands free. They can continue to manage it OR you can do it yourself. HVAC systems recently replaced on 4 of the units. Newer flooring in a few of the units. Owners updating the properties when there is a vacancy which is a low turnover. Currently - 5 units in place (Singlewide mobile homes) with an option to add 1 more unit/home. Located minutes from Bowman, GA off Hwy 17 close to Elberton, Royston, Athens, Lavonia, and Hartwell.

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Commercial Pending

Price

$ 259,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,500

Style

Commercial

Lot Size

5

Year Built

2002

Town/City

Bowman

County/Region

Elbert

MLS | Web ID

20147629

Features
General
Sewer Septic Tank
Heating Electric Central Forced Air Heat Pump
Cooling Central Air
Utilities Cable Available Electricity Available
Roof Composition Metal
Construction Materials Other
Year Built 2002
Unit Number 5 UNITS
Property SubType Commercial
Tax Year 2022
Business Type Mobile/Trailer Park
County Elbert
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Energy Efficient Insulation Thermostat
Garage Y/N N
Building Features Free Standing Other
Other Structures Other Tractor Shed
Status Under Contract
Directions Bowman - Hwy 17 South Right on Fork Creek Immediate Right on Bennett Rd Immediate Left on Dud Rd Bear Left onto Bellew Rd Look for 5 white mailboxes at the road. Entrance is right before it.
City Bowman
Buyer Agent Compensation 3
Body of Water Close To Lake Hartwell & Lake Russell
View Y/N N
Senior Community Y/N N
Lot Size Square Feet 217800
Waterfront Y/N N
Carport Y/N N
Street Name Bellew
Green Building Verification Type Certified Good Cents
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 1500
Home Warranty Y/N N
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Standard Status Pending
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Fencing Fenced Privacy Partial
Parking Features Other
Lot Features Level
Water Source Well
Total Parking 10
Inclusions Equipment
Lot Size Area 5
Number of Buildings 5
Spa N
Building Area Total 5
Lot Size Acres 5
Road Surface Type Gravel Paved
Frontage Length Total Road Frontage Length: 150
Lot Size Units Acres
Lot Size Source Public Records
Road Frontage Type County Road
Open Parking Y/N N
Horse Y/N N
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* Excluded Features
List By
Lake Homes Realty Llc

Broker

lakehartwellnow@gmail.com

Email

Affordability Calculator

$1,940
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,815
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4136269 Elementary School
4136505 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2024$259,900 -1.89% Price Down
12/11/2023$264,900 -5.36% Price Down
11/1/2023$279,900 -6.39% Price Down
9/19/2023$299,000 Listed Price

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2245 TO 2253 Bellew Drive, Unit 5 UNITS, Bowman, GA, 30624 is a Commercial Property for sale at $259,900 with 5 sqft and a lot size of 5. 2245 TO 2253 Bellew Drive, Unit 5 UNITS is a studio with 0.0 baths and was built in 2002. The property's zip code is 30624 which is in Bowman, GA