Maple Park Mobile Home Community

Multi-Family for Sale
Catylist Listing ID: 30706868
Property Subtypes: Mobile Home Park
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.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Loudon
Tax ID/APN: 005088 02107
Community Amenities: 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

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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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