2184 W Point Road
Lagrange, GA, 30240 $ 2,750,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 18,994
for $2,750,000. This home was built in 2000 on a lot size of 11.09.
LAND AND ALL 32 HOMES INCLUDED. 11% CAP RATE. This is not a lot-rent-only park. The sale of Oakview Mobile Home Park includes the 11.09-acre parcel AND all 32 park-owned homes, each 3 bedrooms/2 baths. Tenants rent the home and the lot together, so the owner collects full home rent, not just pad rent. 28 homes are occupied, 1 houses the on-site maintenance resident, and 3 are freshly renovated and ready to lease. Seller reports $327,660 gross annual rent (about $881/month per rental home) and $303,561 NOI. At the $2,750,000 asking price, that's an 11.0% cap rate and $85,938 per home, land included. Annual expenses reported by seller are $24,099 (taxes $8,554, insurance $12,246, registrations, common electric). Public water, Flood Zone X. Flat, level land under 3 homes per acre with open ground for possible expansion, subject to county approval. On West Point Rd near the Kia Georgia plant, retail, and services. Figures are seller-reported and unaudited. Buyer to verify all information. Rent roll, T-12, and home titles available with signed NDA. Do not disturb tenants; showings by appointment only.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Billing Prorated
HOA Fee 0
Association Fee Includes Other
Construction Materials Vinyl Siding
Year Built 2000
Levels One
Property Subtype Multi Family
Tax Year 2026
Gross Income 0
Community Features None
County Troup
New Construction false
Property Type Residential Income
HOA true
Attached Garage false
MaintenanceExpense 0
Subdivision Name Oakview
Garage Y/N false
Status New
Directions Please GPS
High School Other
City Lagrange
Body of Water None
Number Of Units Total 32
Lot Size Units Acres
Lot Size Square Feet 483080.4
Carport Y/N false
Elementary School Other
Tax Annual Amount 8554
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Other
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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InteriorBasement None
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Off Street
Water Source Public
Total Parking 0
Lot Size Area 11.09
Lot Size Acres 11.09
Lot Size Source Public Records
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* Excluded FeaturesList Bychris@chrisiglinski.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,994
- Monthly Property Taxes
- $713
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Lagrange, GA
Average List Price $757,427
Percent of Sale Price 72%
About Lagrange, GA 31,450 Population
13% Since 2002
$ 36,015 Median Income
34.31 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4826967 Elementary School
4826966 Middle School
Other High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/20/2026 | $2,750,000 | | Listed Price |