2184 W Point Road, Lagrange, GA 30240

Lagrange
Local realty services provided by:Better Homes and Gardens Real Estate Metro Brokers
2184 W Point Road,Lagrange, GA 30240
$2,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: christopher iglinski
Office: exp realty, llc.
MLS#:7854906
Source:FIRSTMLS

Price summary

  • Price:$2,750,000

About this home

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....

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Home facts

  • Year built:2000
  • Subdivision & Development:Oakview
  • Listing ID #:7854906
  • Updated:October 16, 2026 at 03:34 PM

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2000
  • Lot area:11.09 Acres
  • Lot Features:Corner Lot
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Troup - Other
  • Middle school:Troup - Other
  • Elementary school:Troup - Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,750,000
  • Tax amount:$8,554 (2026)

Parking

  • Parking description:Driveway
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