Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 3858892
- Posted On: Oct 20, 2023
- Updated On: Jul 25, 2024
Description
This mobile home park opportunity has it all - income-generating investment and value-add opportunity. The property features 16 pads with 4 currently paying rent, as well as 2 houses also rented. Collect rental income while improving rates to market and see a sizable return on investment. Walking distance to Walmart and the Mall.
This area of Morristown is booming with: road-widening, park expansion, new fire station, multifamily housing, and more.
Contact listing agent for more details. Owner/Agent. Buyer to verify all measurements and confirm all financials.
Location
Located just east of College Square Mall and Walters State Community College.
Adjacent to Morristown's 142-acre (and expanding) Frank Lorino Park, as well as a new Fire Station 3 and Firefighter Training Facility. Thompson Creek Rd is being expanded to accommodate these developments along with the popular 309-unit Universal Thompson Creek apartment complex adjacent to the property.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 16 |
| Size: | 2 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Septic |
