ROSWELL, GA. (September 20, 2021) – Forrest Street Partners purchased its second mobile home park in Metro Atlanta after acquiring the 78 lot Dogwood Blossom Mobile Home Park. Dogwood Blossom is located 15 miles west of Downtown Atlanta in Douglasville, GA.
The boutique real estate firm plans to invest in the park by infilling 50 vacant lots with new 3 bedroom and 1 bedroom mobile homes. “Dogwood Blossom has served Douglasville residents for several decades, and we are excited to be able to bring new life into this park,” said Forrest Street Partner Brandon Crim.
Forrest Street has already implemented new management practices at the park streamlining rent collection and reaffirming park rules and regulations. In addition to bringing in the new homes, plans for the park also include upgrades to the park infrastructure, connectivity to public water, asphalt overlay to the existing internal road system, new park signage, and updating the park’s landscaping and amenities.
Given its location, Douglasville, GA, is an attractive market with a strong workforce and is in close proximity to most Metro Atlanta employment centers. Dogwood Blossom’s goal is to provide affordable housing in a safe and peaceful environment that all residents can be proud to call home.
“We have Mobile Home Parks and RV Parks spanning several states across the southeast, it is nice to have such a great project in our backyard,” added Crim. “The growth in Douglasville and Metro Atlanta has created the need for more affordable housing, and we are proud to be able to provide an alternative solution and fulfill a piece of that need.”
Douglas County has grown over 10% in the past ten years, attracting big names in the tech community to include Amazon, Google, and Microsoft.