Mobile Home Park Details

  • Purchase Method: Cash
  • Listing ID: 3858892
  • Posted On: Oct 20, 2023
  • Updated On: Jul 25, 2024

Description

This mobile home park opportunity has it all - income-generating investment and value-add opportunity. The property features 16 pads with 4 currently paying rent, as well as 2 houses also rented. Collect rental income while improving rates to market and see a sizable return on investment. Walking distance to Walmart and the Mall.

This area of Morristown is booming with: road-widening, park expansion, new fire station, multifamily housing, and more.

Contact listing agent for more details. Owner/Agent. Buyer to verify all measurements and confirm all financials.

Location

Located just east of College Square Mall and Walters State Community College.

Adjacent to Morristown's 142-acre (and expanding) Frank Lorino Park, as well as a new Fire Station 3 and Firefighter Training Facility. Thompson Creek Rd is being expanded to accommodate these developments along with the popular 309-unit Universal Thompson Creek apartment complex adjacent to the property.

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

Park Information

Community Type: All Age
Number of MH Lots: 16
Size: 2 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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