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Address is 203 Riley Rd. Clarksville, TN 37042

Kevan Enger

Capstone Florida

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Woodview MHP

Mobile Home Park for Sale in Clarksville, Tennessee

203 Riley Rd.
Clarksville, TN 37042

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This Mobile Home Park is Off Market

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Mobile Home Park for Sale

Number of MH Lots: 42
Size: 3.8 acre(s)
Cap Rate: 9.3%
Status: Off Market
Property ID: 813937
Posted on: May 16, 2017
Updated on: Apr 06, 2018

Property Description

Capstone Manufactured Housing is pleased to present Woodview Mobile Home Park: a 42-site manufactured housing community ideally located in Clarksville, TN. This offering presents the opportunity to acquire a well-maintained asset with significant upside and current rents below market. Located just outside of downtown Clarksville, Woodview enjoys a suburban community feel with proximity to chief economic demand drivers within the area. The Clarksville economy has recently benefited from the development of two state-of-the-art business parks to the north and south of the asset. With the development of this new infrastructure, Woodview is in a prime location to capitalize on this local economic growth.

Investment Highlights

Excellent location proximate to regional economic demand drivers
Opportunity to increase GPR through raising rents commensurate with surrounding rental competitors
Directly billed city water and sewer

Park Information

Number of MH Lots:42
Year Built:1982
Size:3.8 acre(s)

Utility Information

Water:City
Sewer:City