Mobile home park

Multi-Family for Sale
Catylist Listing ID: 30092941
Property Subtypes: Mobile Home Park
Number of Units: 20 Units
Building Size (RSF): 1,000 SF
Gross Building Area: 20,000 SF
Sale Price: $285,000
Unit Price: $14,250 Per Unit
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/14/2018

Overview / Comments

This is a 20 unit mobile home park on 14.95 acres in the valley!! There are 5 additional spots with septic. There is a 4-5 acres flat field included where an owner could put additional units. There is a storage building included and property also includes a paint and body shop that is currently being rented. water source is 2 wells. public water at road per owner..Currently income is $5,850 a month but could be more!!

Additional Details

Nearest MSA: Chattanooga
County: Marion
Tax ID/APN: 069 007.00
Percent Occupied: 85%
Property Located Between: Located on the corner of W. Valley Rd and Boynton Rd.
Highway Access: Located approx 1/2 mile from HWY 28
Airports: None
Site Description: Mobile home park in the Sequatchie Valley
Total Number of Buildings: 23
Property Condition: Fair
Number of Stories: 1
Construction/Siding: Vinyl Siding
Sprinklers: None
Heat Source: Baseboard, Central, Wall Units
Air Conditioning: Window Unit
Interior Description: Most of the trailers have been renovated.
Lot Frontage: 1270
Lot Depth: 485
Water Service: Well
Sewer Type: Septic
Legal Description: Tax map 069 Parcel 7.00

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,899 5,934
Median Age: 38.66 39.46
Households: 1,506 2,323
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