Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 696989
  • Posted On: Aug 14, 2016
  • Updated On: Nov 26, 2017

Description

FOR SALE-MOBILE HOME PARK!! This mobile home park sets on 2.5 acres and has 20 spaces, plus and block building with a rental apartment. Seller owns 13 of the mobile homes. Tenants pay their own electric. Water is provided by a well but city water is also hooked up to system. There are 6 septic systems and they are pumped regularly. This park has been operated for over 25yrs and generates excellent income. Owner selling due to health and retirement. Expenses include trash, water, and lawn care, maintenance,
insurance and real estate taxes. Park is fully occupied and generates approximately $5000 per month income. Park is located just a mile from the Phipps Bend Industrial Park in the town of Surgoinsville.

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Park Information

Community Type: All Age
Number of MH Lots: 20
Total Occupancy: 100.0 %
Year Built: 1976
Size: 3 acre(s)

Financial Information

Gross Income: $55

Lot Information

Singlewide Lots: 20

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic