Maple Park Mobile Home Community
Multi-Family
for Sale
Catylist Listing ID: |
30706868 |
Property Subtypes: |
Mobile Home Park
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Number of Units: |
18 Units |
Building Size (RSF): |
900 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$1,170,000 |
Unit Price: |
$65,000 Per Unit |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
4/5/2021 |
Overview / Comments
Approx. 5 acres with 22 pads and 18 of which are owner-seller owned. There are 11 septic tanks, 2 homes per tank. The property is gravel drive, playground, mail box base and garbage pad. Water meters are individually read and billed by the owner.
Many of the units have been completely restored from the infrastructure of pex waterlines, new electrical, flooring, bathroom and kitchen fixtures and appliances, cabinetry, many with new walls and base and completely painted. Interior will not match the title date.
Financing for the individual residential units is available through Colonial Specialty Lending our of Sevierville, TN.
Based pad value is estimated to be $43,000 per pad.
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Additional Details
Nearest MSA: |
Knoxville |
County: |
Loudon |
Tax ID/APN: |
005088 02107 |
Play Ground |
Property Located Between: |
Morganton Rd and Big Springs Rd, Blount County Maryville, TN |
Highway Access: |
Morganton Rd to Maple Ln |
Airports: |
Knoxville's McGhee Tyson Airport |
Site Description: |
Level, country, clean and inviting. |
Area Description: |
Rural |
Total Number of Buildings: |
18 |
Property Condition: |
Good |
Number of Stories: |
1 |
Roof Type: |
Other |
Construction/Siding: |
Aluminum Siding |
Parking Ratio: |
3 (per 1000 SF) |
Parking Type: |
Other |
Parking Description: |
3 per unit |
Sprinklers: |
None |
Heat Type: |
Electricity |
Heat Source: |
Heat Pump |
Fuel: |
Electric |
Air Conditioning: |
Window Unit, Other |
Internet Access: |
Other |
Water Service: |
Other |
Sewer Type: |
Septic |
Easements: |
Ingress/Egress |
Easements Description: |
Neighboring ingress and egress access. |
Land Ownership: |
Fee simples |
Legal Description: |
See Warranty Deed |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
8,791 |
18,667 |
Median Age: |
41.9 |
42.42 |
Households: |
3,376 |
7,272 |
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