Contact Information

Jeffrey Goldberg

Murphy Creek Investments

Mobile Home Park Details

  • Price: $625,000
  • Purchase Method: Cash
  • Cap Rate: 10.0%
  • Property ID: 1364391
  • Posted On: Dec 7, 2020
  • Updated On: Dec 7, 2020

Property Description

Big Cedar Mobile Home Community is a 22 lot community with 2 block homes and 12 newly remodeled mobile homes. There is 8 open lots with new infrastructure that is ready for new homes. Utilities are city water and city sewer that is billed directly to tenants by the city. This community is located in the City limits of Cleveland, Tennessee.
Occupancy is 100% of current homes available!

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Park Information

Community Type: All Age
Number of MH Lots: 22
Total Occupancy: 100.0 %
Average MH Lot Rent: $300

Lot Information

Singlewide Lots: 22

Utility Information

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

Park-Owned Homes

Average Rent for Park-owned Homes: $300

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