Contact Information
April Beason-Mcguire
License: 313798
Mobile Home Park Details
- Price: Call for Price
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 6835197
- Posted On: Mar 3, 2025
- Updated On: Mar 14, 2025
Description
NORTH KNOX MOBILE HOME PARK. 17 PADS. 14 PADS CURRENTLY OCCUPIED. 1 PARK OWNED MOBILE HOME.
OPERATING ANALYSIS ESTIMATED EXPENSES
Gross Income $78,560
Expenses $6,770
Net Income $71,790
EXPENSES
Rural Metro $1,300
Insurance $1,400
Taxes $1,670
Trash $2,400
Total $6,770
This well-located property is just West of Maynardville Hwy and has excellent access to I-75 as well.
Residents pay all utilities including water & do the mowing and weed eating at their own lot.
Park is on city sewer and city water. Currently 15 pads are occupied. May be room for 19 pads total. Buyer to verify.
Location
Directions: From I-40 take I-640 to I-75N. Exit right on to Merchants Dr. At first light turn left onto Central Ave Pike. At Dry Gap turn right. Turn right onto Rifle Range & park is approx. 2.8 Miles.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 17 |
| Average MH Lot Rent: | $450 |
| Size: | 2 acre(s) |
Financial Information (Actual)
| Gross Income: | $78,560 |
| Operating Expense: | $6,770 |
| Net Operating Income: | $71,790 |
| Expense Ratio: | 8.6 % |
Lot Information
| Singlewide Lots: | 17 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $1,600 |
