Mobile Home Park in Prime Maryville Location

Multi-Family for Sale
Call for Offers
Catylist Listing ID: 30835227
Property Subtypes: Mobile Home Park
Number of Units: 10 Units
Building Size (RSF): 7,024 SF
Gross Building Area: See Agent
Gross Land Area: 1.75 - 2.25 Acres
Sale Price: $800,000
Unit Price: $80,000 Per Unit
Property Use Type: Investment
Building Name: Turner Mobile Home Park
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: 9.0%
Average Occupancy Rate: 99
Last Updated: 3/12/2023

Overview / Comments

Mobile Home Park in Prime Location in Maryville. Centrally located near rapidly expanding Foothills Mall area. 10 lots, 9 mobile homes. All currently rented. Total rents are $5,875 per month.

Mobile Homes Square Footage as follows: 588, 728, 644, 1088, 672, 784, 924, 672, 924.

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $642 (Annual)
Assessed Value - Total($) $65,000 (Annual)
Potential Rental Income $70,500 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: City of Maryville
Tax ID/APN: 057B A 044.00
Zoning: S
Percent Occupied: 100%
Property Located Between: Foothills Mall Pkwy and US321
Airports: McGhee Tyson Airport
Area Description: Very close to Foothills Mall area shopping centers.
Total Number of Buildings: 9
Property Condition: Average
Number of Stories: 1
Parking Type: Other
Parking Description: Each unit has parking area for one or more vehicles.
Heat Type: Electricity
Heat Source: Central, Other
Fuel: Electric
Air Conditioning: Package Unit, Other
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,301 36,719 67,566
Median Age: 35.03 38.5 40.28
Households: 1,416 14,695 27,025
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