Cherokee Woods and Cherokee Pointe Mobile Home Communities are now offered for sale at an outstanding bargain. Positive cash flow with the above average cap rate of 10.5%. Concise Profit/loss statements and rent roles available with non-disclosure agreement. This class B+ property with 73 lots includes 36 park owned homes and features large lots. Well kept homes and property.
The Cherokees are located in Athens, TN near to exit 49 off I-75 between Chattanooga and Knoxville. Athens is a growing area with many factories, so jobs are plentiful.