This park needs some work, but can be made tremendously profitable with a little sweat equity. There are 29 lots, and 27 homes, 3 are owner-occupied, and the remainder 24 homes are owned by the park and need to be fixed up. The park has city water and city sewers, 2 paved roads and 1 dirt road, and 1 acre of undeveloped land that could be used for expansion. The park is located at the end of a subdivision and is near good schools, and a main thoroughfare with businesses. Newbern is located in the northwestern corner of Tennessee, a couple of hours north of Memphis. The seller is asking for only a $15,000 down payment, and is offering an assumable seller financed loan of $175,000 with no qualifying and low monthly payments of $835.48, and the remainder of the loan balance due in 15 years. This would allow plenty of time to get the park up & running before cashing out the seller through a re-finance or re-sale.