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7322 Hwy 122 #13, Ray City, GA 31645

Ray City
Local realty services provided by:CENTURY 21 Realty Advisors GA
7322 Hwy 122 #13,Ray City, GA 31645
$949,000
Virtual Tour
  • - Beds
  • - Baths
  • 12,648 sq. ft.
  • Multi-family
  • Active
Listed by: john courson
Office: coldwell banker premier real e
MLS#:145723
Source:GA_VBR

Price summary

  • Price:$949,000
  • Price per sq. ft.:$75.03

About this home

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 $11,150 / month peg this investment at a 9.16% 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. ...

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Home facts

  • Listing ID #:145723
  • Added:251 day(s) ago
  • Updated:April 06, 2026 at 03:05 PM

Rooms and interior

  • Kitchen Description:Refrigerator
  • Living area:12,648 sq. ft.

Structure and exterior

  • Building area:12,648 sq. ft.
  • Lot area:3.36 Acres
  • Levels:1 Story

Utilities

  • Water:Shared Well, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$949,000
  • Price per sq. ft.:$75.03
  • Tax amount:$2,350 (2025)

Features and amenities

  • Amenities:Blinds

Parking

  • Parking description:3+ Cars
  • Garage spaces:3
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® April 6, 2026. 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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