Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.0%
- Listing ID: 15932
- Posted On: Aug 31, 2010
- Updated On: Oct 19, 2010
Description
This is a 27 lot park on three acres with on-site office and two storage buildings. Six lots are owner occupied mobile homes, twenty are park owned homes with weekly rentals, one is a site built one bedroom apartment.
This is a established park located within walking distance of major retail stores and conveniences.
All homes are a minimum of 14 feet wide and vary 2 to 3 bedrooms with electric utilities and washer/dryer hook ups.
Currently, there are three vacancies and we have very little turn-over in residents.
For complete information: e-mail: mmcostner@aol.com
Location
Park is located just off I-65, 35 miles north of Nashville,1/4 mile from the intersection of St. Hwy. 109 and St. Hwy. 52 in Portland, Tn
Amenities
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 27 |
| Total Occupancy: | 90.0 % |
| Year Built: | 1993 |
| Average MH Lot Rent: | $295 |
| Size: | 3 acre(s) |
Lot Information
| Singlewide Lots: | 27 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 20 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 21 |
| Average Rent for Park-owned Homes: | $135 |
