Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 910435
- Posted On: Mar 16, 2018
- Updated On: May 1, 2018
Description
Money Making Investment! This 17 pad mobile home park located in West Hamblen County generates over $47,000 per year in NET income. 8 of the units are park owned; other 9 receive $170/month lot rent. 9 private owned have been in park for 13+ years. Well managed property that is conveniently located between Morristown and Jefferson City. Park sits on 2.02 acres and has 5 septic tanks. Rent includes water; each unit has their own electric meter. Onsite security guard, maintenance man, and lawn care. Motivated sellers are looking to retire from the property management business.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 17 |
Total Occupancy: | 100.0 % |
Average MH Lot Rent: | $170 |
Size: | 2 acre(s) |
Lot Information
Singlewide Lots: | 17 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
Park Model Lots: | 0 |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 8 |
Average Rent for Park-owned Homes: | $440 |