Toombs County, GA Automotive and Boat Businesses For Sale

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5Gas Station with 3 Homes & mobile home land for $56,000+ rental income3 Way Investment Oppurtunity! C-store, 3 Homes, Mobile Home Land lot.
$530,000Seller Financing
Gas Station with 3 Homes & mobile home land for $56,000+ rental income3 Way Investment Oppurtunity! C-store, 3 Homes, Mobile Home Land lot.

Lyons, GA

RENTAL PORTFOLIO INCLUDES: (A) Gas Station Business with Property - Leased for $1500 NNN per month. ( Buyer able to take over the business and run it) (B) 2Bed 1Bath home Sold as "Rent To Own" with remaining 119 payments of $489/month.(Buyer can live there if running the business or lease it) (C) 3Bed 1Bath home - Completely renovated - Leased for $500/month. (D) 2Bed 1Bath home - Partially renovated - Leased for $400/month. (E) Land suitable for 6 mobile home rental - To be developed - If only land is leased, rental income of $600/month. If mobile homes are leased, rental income of $1800/month. TOTAL YEARLY RENTAL INCOME: $41,868 TO $56,268 PLEASE REVIEW "ATTACHED DOCUMENTS" ON THIS LISTING FOR PLAT DETAILS. GAS STATION FEATURES: Only store in small town surrounded by majority of low-income neighborhood and farmers. No competition in 15 miles area sells following: Separate Game Machine room with 5 machines, U-Haul dealer, Krispy Krunchy Chicken deli, Pizza carry out, Live Cricket and Bait, Non-ethanol gasoline. Gasoline margin high averaging 30 cents to 50 cents per gallon. Non-ethanol gas used by farmers averaging about 80 cents per gallon. Aggressive owner operator can make this place "McDonald of Oak Park" with deli profits of 50 cents on dollar sales. GAS STATION LEASE DETAILS: Currently under 10 years lease with 2 options of 5 years each, which began April 2018. Monthly rent $1500 NNN for first 5 years term, then $1800 NNN for second 5 years term. THERE ARE 5 GAME MACHINES AT THIS LOCATION. If you purchase this property, you own business also. ADDITIONALLY, YOU WILL OWN FOLLOWING 3 HOMES AND LAND: (B) 2Bed 1Bath home Sold as "Rent To Own" with remaining 119 payments of $489/month. This home was completely remodeled. RTO deal involved tenant to come up with $3000 down plus $489 per month payment for next 10 years. Additionally, tenant to pay property tax and insurance with escrow of $50 per month, which shall be reconciled every year. (C) 3Bed 1Bath home - Completely renovated - Leased for $500/month. This home is used by manager operating gas station. Since this home is next to gas station, this will be always used by some one operating gas station. (D) 2Bed 1Bath home - Partially renovated - Leased for $400/month. Compared to surrounding rental prices, this home is reasonably priced at $400 per month. (E) Land suitable for 8 mobile home rental - TO BE DEVELOPED- You have enough land to rent unto 6 mobiles homes. There are plenty mobile homes around here, which are on land lease. Renter would bring his mobile home at own cost. If you rent just land lots, you can get $100 per mobile home OR you can buy low cost mobile home and get $300 per mobile home. You can create yearly rental income of $7200 per month, if only lots are leased OR you can create annual rental income of $21,600 if mobile home are rented. You can pick up mobile home on deal for about $6000 per unit with some patients and shopping around. OAK PARK VACCANCY RATE: In Oak Park, you will not find any home available for rent. If placed on market, it does not last more than one month. As landlord, I adhere strong rules in leasing and still I have no problem renting out single family homes. Address: 3877 Harrington St, Oak Park, GA 30436. Asking Price: $475,000 Rate Of Return: 9 to 12% SELLER FINANCING WITH 20% DOWN PAYMENT. For gas station related question, call Anil Patel 307-256-9548 For property related question, call Satish Patel 904-599-7931


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