CRI Brokerage, in conjunction with Jennifer Stein Real Estate, Inc., is pleased to present Armuchee MHP, a 13-home manufactured housing community located in Armuchee, Georgia. The property is currently 85% occupied with 11 of 13 park-owned homes leased, providing investors with strong in-place cash flow and near-term lease-up upside.

Located at 3020 Old Summerville Road in Floyd County, the community has demonstrated approximately 8% trailing rent growth and currently generates $8,780 in monthly scheduled rent. Two recently vacated homes are being prepared for re-lease, creating a straightforward opportunity to further increase NOI.

Armuchee MHP is offered individually at $649,000 or can be acquired as part of the Dayton & Armuchee portfolio for $1,498,000. Jennifer D. Stein of Jennifer Stein Real Estate, Inc. serves as the Listing Broker, with CRI Brokerage acting as the cooperating broker. Contact our team today to learn more or request the full offering memorandum and due diligence materials