Ivy Hill Mobile Home Park - for Sale in Tullahoma, Tennessee

6500 Rock Creek Road
Tullahoma, TN 37388
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Sale Price: $675,000
Front of Ivy Hill Park
Front of Ivy Hill Park

Seller Information

George Mann

Mobile Home Park for Sale

Number of MH Lots: 19
Size: 5 acre(s)
Status: Active
Property ID: 108235
Posted on: Nov 18, 2011
Updated on: Nov 18, 2011
Price: $675,000

Property Description

The nicest park in Franklin County, this five acre park is situated among stately oaks and is beautifully manicured. This peaceful setting has 14 park-owned trailers and one block (site-built) 2-bedroom cottage. All but five units have central air. There are 5 undeveloped sites for a total of 20 income producing rentals. Additionally, a triple-wide modular (2,000 square feet) home makes a great home for the landlord, but is currently being rented. A 3-car carport, a large barn-style storage shed and a 20x30 workshop and additional covered storage is included.

Location Description

Rural area near Tims Ford Lake. Only 10 minutes to boat ramp. Beautiful area, just 2 miles south of Tullahoma and Arnold's Engineering & Development Center (AEDC).

Park Information

Number of MH Lots:19
Average MH Lot Rent: $0
Size:5.0 acre(s)

Financial Information

Gross Income$0
Debt Info

Lot Information

Singlewide Lots:19
Triplewide Lots:1

Utility Information

Water:City
Water Paid By: Park
Sewer:Septic

Park-Owned Homes

Number of Park-owned Homes:21
Average Rent for Park-owned Homes: $495