Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1088170
  • Posted On: May 31, 2019
  • Updated On: Jan 13, 2020

Property Description

Capstone Manufactured Housing is pleased to present Green Meadows Mobile Home Park, a 35-site community located in Newport, TN. This community is located along the Interstate-40 corridor and is situated directly between Knoxville, TN and Asheville, NC. The park benefits from an excellent 100% occupancy rate and requires minimal oversight due to all utilities being directly billed and all homes being owned by tenants. This community offers new ownership the unique opportunity to acquire a turn-key asset in a fantastic location with multiple in-place operational efficiencies.

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Park Information

Community Type: All Age
Number of MH Lots: 35
Total Occupancy: 100.0 %
Year Built: 1997
Average MH Lot Rent: $300
Size: 10 acre(s)

Utility Information

Water: City
Sewer: Septic

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