Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 10.0%
- Listing ID: 3365229
- Posted On: Jul 14, 2023
- Updated On: Jul 26, 2023
Description
Mobile home park for sale in beautiful Sevierville, TN. Park has 12 mobile home spaces (lot rent only) on approximately 5 acres. All mobile homes are owned by tenants. Please do not disturb tenants at any time. Call 318-680-9612 for additional information.
Location
Located in beautiful Sevierville, TN. just a few miles away from Dollywood and all the tourist attractions in Pigeon Forge.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 12 |
Total Occupancy: | 100.0 % |
Year Built: | 0 |
Average MH Lot Rent: | $400 |
Size: | 5 acre(s) |
Financial Information
Gross Income: | $57,600 |
Operating Expense: | $3,600 |
Net Operating Income: | $54,600 |
Expense Ratio: | 6.2 % |
Lot Information
Singlewide Lots: | 11 |
Doublewide Lots: | 1 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
Utility Information
Water: | Well |
Sewer: | Septic |