Catylist ID:
#30830980
Two Mobile Home Parks
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30830980 |
| Property Subtypes: | Mobile Home Park |
| Status: | Pending/Contingent |
| Number of Units: | 53 Units |
| Building Size (RSF): | 1,800 SF |
| Gross Land Area: | 21 - 22 Acres |
| Sale Price: | $1,500,000 |
| Unit Price: | $28,301.89 Per Unit |
| Property Use Type: | Investment, Business |
| Building Name: | Sleepy Hollow and Allendale MHP |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 75 |
| Last Updated: | 1/26/2023 |
Overview / Comments
|
Sleepy Hollow on US 411-S & Sagebrush Way features 18 spaces on 7.5 acres. Pleasant rural feel, adjacent to woods. Located between Maryville & Vonore. About 10 miles to downtown Maryville or Denso. Allendale off Hamil Rd near Unita in Friendsville features 35 spaces. This neighborhood has lots of green space and is only 7 minutes to Whispering Cove Marina and 12 minutes to free public boat launch. Sale includes 3 livable mobile homes, 2 older mobile homes used for storage, 3 sheds, 2020 John Deer Commercial mower, 2006 Ford F150 with utility trailer. Tenants mow their own lawn and pay owner for water. Owner collects personal property/title tax from tenants. Current owner is satisfied with lower occupancy rate because they do not advertise, require 650 credit score, do not allow sub-leasing, and do not own mobile homes to rent out. |
Additional Details
| Nearest MSA: | Knoxville |
| County: | Blount |
| Taxing Authority: | Blount Co. |
| Tax ID/APN: | 00508908701 & 4306800 |
| Zoning: | R-1 |
| Percent Occupied: | 75% |
| Property Located Between: | Maryville and Friendsville |
| Highway Access: | 411-S about 10 miles from downtown Maryville |
| Zoning Description: | R-1 |
| Water Service: | Municipal |
| Sewer Type: | Septic |
| Easements: | Electric Lines |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 1,678 | 8,644 | 22,493 |
| Median Age: | 43.68 | 42.25 | 41.94 |
| Households: | 665 | 3,331 | 8,703 |
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