Mobile Home Park with Self Storage Units - Maryville

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30822380
Property Subtypes: Mixed Use, Mobile Home Park
Status: Pending/Contingent
Number of Units: 6 Units
Building Size (RSF): 3,240 SF
Gross Building Area: See Agent
Gross Land Area: 1.87 Acres
Sale Price: $469,000
Unit Price: $78,166.67 Per Unit
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: 9.3%
Last Updated: 2/9/2023

Overview / Comments

Price reduced!! Great Investment opportunity for a mobile home park and storage unit on 1.87 acres! 24 door self storage unit and 5 mobile homes , only one of which does not convey with the sale . All mobile homes are currently rented and 15 of the 24 self storage units are rented. Several updates made to the units. Storage units now have road signage, locks, hardware, and partitions properly secured on several units that were needed. This property brings in around 4000 dollars a month and rents are still under market value! Low overhead and high income potential!

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: Blount
Tax ID/APN: 029 110.01
Percent Occupied: 100%
Property Located Between: Maryville, TN and Seymour, TN
Highway Access: U S Highway
Site Description: Located off of Sevierville Rd, in between Maryville, TN and Seymour, TN but in Blount County. It is on the right as soon as you turn onto Temple Road, directly behind the Dollar General.
Total Number of Buildings: 6
Property Condition: Good
Year Built: 1993
Construction/Siding: Other
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Internet Access: Cable
Water Service: Municipal
Sewer Type: Septic
Easements: Other
Easements Description: Easement for utilities and Dollar General store.
Land Ownership: owner

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,649 27,935
Median Age: 42.21 43.24
Households: 3,696 10,893


Photograph of Listing Agent

Melissa Moree

Realty Executives Associates
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