Mobile Home Park

Multi-Family for Sale
Catylist Listing ID: 30829182
Property Subtypes: Mobile Home Park
Number of Units: 9 Units
Building Size (RSF): 6,190 SF
Gross Building Area: See Agent
Sale Price: $425,000
Unit Price: $47,222.22 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/2/2023

Overview / Comments

Income producing, well kept, and room to PUT MORE mobile homes!! This 3.29 acre mobile home park is established with long term tenants in 8 out of the 9 mobile homes. There is also room for 2 more mobile homes, with septic and utilities already on site for them. Super low upkeep, no out of pocket utility cost for the owner, and surrounded by beautiful property and land, this mobile home park is a rare find. Current rental income is over $4,200 per month, and there is room to increase that!!

Additional Details

Nearest MSA: Knoxville
County: Monroe
Tax ID/APN: 06205503901
Percent Occupied: 89%
Total Number of Buildings: 9
Property Condition: Good
Number of Stories: 1
Heat Source: Central
Fuel: Electric
Lot Frontage: 346 ft
Lot Depth: 427 ft
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,244 8,227 16,739
Median Age: 41.82 40.72 40.28
Households: 486 3,240 6,555

Contact

Photograph of Listing Agent

Mark McCormick

Keller Williams
KAAR CIE Member
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