Sold: Jul 25, 2025
Address
0 Sparks Mobile Home Park, Sparks, GA
Price
$ 2,130,000
Property Attributes
- MLS#10452754
- TypeMulti-Family
- Listing Status Sold
- CountyCook
- CitySparks
- NeighborhoodFox Run
- Zip31647
- Style
- Year Built1995
- Taxes$ 6574
- Price$ 2,130,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size9.25 Acres
Data Source:
Georgia MLS (GAMLS)
Property Description
Incredible investment opportunity for a 37 unit mobile home park at a 10.44% Cap rate. This park is spread among 37 parcels, totaling 9.25 acres with 37 pads in the beautiful town of Sparks, GA. This South Georgia town is located minutes from Interstate 75 and less than 7 miles to the Adel, Ga and 25 minutes to Valdosta, GA. This community features 37 park-owned homes (POH) with current Occupancy at 94.59%, with 27 doublewides and 10 singlewides. Sparks Mobile Home Park utilizes county water and county sewerage that is direct-billed to each tenant. Park supplies trash through a dumpster. Highlighted features include paved roads that are county maintained. The POH inventory age varies in age from the 1992 through the 2006, with only two outliers dated 1983 & 1989 - all homes are 3/2 with exception to one 4/2 and one 5/3. Several homes have new HVACs. With an average total rent of $785/month, there is room to increase the POH rents by at least $25-$50 per month on new turnovers. We are asking investors to submit offers at, or above, $2,650,000 for the portfolio, which includes all the home inventory as well as the land each parcel sits on. This is pricing the community at a 10.44% cap after expenses. This is well below replacement cost of used homes. Total income should provide an investor with a solid mid-teens cash-on-cash return. Titles are in hand. Rent Roll and PNL are available for qualified Buyers.
| Elementary School | Middle School | High School |
|---|---|---|
| Cook Primary/Elementary Elementary School | Cook County Middle School | Cook County High School |
| Price History | |
|---|---|
| 1/8/2026 | Listed $2,650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Electric |
| Utilities | Electricity Individual Meters,Water Individual Meters |
| Association Fee Includes | None |
| Construction Materials | Vinyl Siding |
| Year Built | 1995 |
| Levels | One |
| Property Subtype | Multi Family |
| Tax Year | 2024 |
| Gross Income | 349440 |
| Community Features | Playground |
| County | Cook |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Fox Run |
| Garage Y/N | false |
| Close Price | 2130000 |
| Status | Sold |
| Buyer Financing | Conventional |
| Directions | Heading North on I75 from Valdosta, take Exit 41 for Roundtree Br Rd towards Sparks. Right on Roundtree Brg Rd, left on Fox Run Dr. 1000 Pleasantdale Cir, Sparks can be inputted into GPS |
| High School | Cook County |
| City | Sparks |
| Number Of Units Total | 37 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 402930 |
| Carport Y/N | false |
| Elementary School | Cook Primary/Elementary |
| Tax Annual Amount | 6574 |
| Middle/Junior High School | Cook County |
| Property Condition | Resale |
| Concessions | No |
| Structure Type | Multi Family |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Closed |
Interior Features
| Basement | None |
|---|---|
| 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 |
Exterior Features
| Parking Features | Over 1 Space per Unit |
|---|---|
| Water Source | Public |
| Lot Size Area | 9.25 |
| Lot Size Acres | 9.25 |
| Lot Size Source | Other |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
©2026 Georgia Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
Golden Isles Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
Valdosta Board of REALTORS® & South Georgia Multiple Listing Service All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2018 All rights reserved. Last Update: September 21, 2026 12:43 PM UTC
