Dogwood Blossom Mobile Home Park – SOLD
Douglasville, Georgia
Located 15 miles west of downtown Atlanta in Douglasville, GA, Dogwood Blossom MHC has been a staple in the community for decades. Forrest Street Partners purchased the 78-lot park in 2021 with the goal of providing a new affordable housing option to Douglas County. FSP invested heavily into the park by repaving the roads and parking pads, removing over 30 abandoned manufactured homes and upgrading the infrastructure of the park to include water line repair, septic sewer upgrades, power upgrades, tree removal, landscaping, and connecting to the city water supply. FSP also worked closely with Douglas County to bring the property into full compliance. In total, FSP brought in 61 new homes taking the park from 20% to 96% occupancy. The value-add investments made significant improvements to the park before FSP exited the property in September 2024.