The requested property is removed. Here are active Mobile Home Parks for Sale in Springtown, Texas
Little Dug Gap Mobile Home Park
Little Dug Gap Mobile Home Park
Photo Little Dug Gap MHP
Photo Little Dug Gap MHP
Single Family 3 Bedrooms
Single Family 3 Bedrooms
MHP
MHP
Park Like Setting
Park Like Setting
Blount County
Blount County
1 Home & 8 mobile homes
1 Home & 8 mobile homes
Individually metered
Individually metered
Prime 2.8 acre corner lot
Prime 2.8 acre corner lot
Office & storage onsite
Office & storage onsite
Little Dug Gap Mobile Home Park
Photo Little Dug Gap MHP
Single Family 3 Bedrooms
MHP
Park Like Setting
Blount County
1 Home & 8 mobile homes
Individually metered
Prime 2.8 acre corner lot
Office & storage onsite

Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 12.6% (Pro Forma)
  • Listing ID: 981845
  • Posted On: Aug 21, 2018
  • Updated On: Nov 1, 2018

Description

LOUISVILLE TN MOBILE HOME PARK - GREAT OCCUPANCY - 12.6 CAP RATE - GREAT LOCATION. Dug Gap Lake Mobile Home Park has been family owned and operated since 1995. Located on a prime corner on almost 3 acres, this sale includes a single family home (1,378 sqft as per tax records), 9 park owned mobile homes, one of which needs renovation. Convenient to Knoxville, Alcoa & Maryville, at the SW Corner of McCarty Road & Little Dug Gap allows for easy resident accessibility & rental. Park like surroundings, easy access to the lake, airport, shopping & Alcoa Highway helps keep this park fully rented & an excellent investment. No Sign on property. Please do not disturb the residents. All showings through listing agent. Square footage is estimated, is not guaranteed, & should be verified by buyer.
I-140 toward Maryville, take exit 9/Topside Rd & turn right onto Topside Rd/TN-333. Turn left onto Louisville Rd/TN-334, Enter next roundabout and take the 1st exit onto Miser Station Rd. Take the 1st right onto Little Dug Gap Rd. & bear right to stay on Little Dug Gap. Property is on the SW corner of McCarty Rd & Little Dug Gap Rd.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 9
Size: 3 acre(s)

Financial Information (Pro Forma)

Gross Income: $86,280
Operating Expense: $22,810
Net Operating Income: $50,470
Expense Ratio: 26.4 %

Lot Information

Singlewide Lots: 9

RV Information

Number of RV Lots: 9

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $770

Similar Mobile Home Parks for Sale