Payne Mobile Home Park & Residential House
Multi-Family
for Sale
| Catylist Listing ID: |
30842194 |
| Property Subtypes: |
Mobile Home Park
|
| Number of Units: |
11 Units |
| Building Size (RSF): |
1,023 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,200,000 |
| Unit Price: |
$109,090.91 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
5/8/2023 |
Overview / Comments
Great investment opportunity located just off of Alcoa Hwy with
very little operating expense. 100% occupancy. This property includes 10 mobile homes and 1 residential house. All trailers have been updated with LVP flooring, painted cabinets & newer appliances. The residential home is a 3 bedroom 1 bath home with new siding.
|
Financials
| Finance Data Year |
2023 |
| Potential Rental Income |
$139,200 (Annual) |
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Blount |
| Tax ID/APN: |
005026NA01500 |
| Percent Occupied: |
100% |
| Property Located Between: |
Just off Alcoa Hwy across from the airport |
| Airports: |
Knoxville Airport |
| Total Number of Buildings: |
11 |
| Year Built: |
1950 |
| Construction/Siding: |
Other |
| Parking Type: |
Other |
| Parking Description: |
On site parking |
| Sprinklers: |
Other |
| Heat Type: |
Electricity, Other |
| Heat Source: |
Central, Other |
| Fuel: |
Electric, Other |
| Air Conditioning: |
Other |
| Internet Access: |
Cable, Other |
| Interior Description: |
All trailers have been updated with LVP flooring, painted cabinets & newer appliances. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities, Other |
| Easements Description: |
Check courthouse for all restrictions and easements. |
| Legal Description: |
Mobile home park with 10 trailers and 1 residential home. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,739 |
23,773 |
60,902 |
| Median Age: |
38.6 |
39.68 |
39.69 |
| Households: |
1,182 |
9,875 |
24,884 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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