Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
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: 973471
  • Posted On: Jul 31, 2018
  • Updated On: Oct 19, 2018

Description

40+ Lot Park with 20 POH that are rented 3 POH that needs renovations 2 TOH and an additional 15+ lots with all uitities in place for hook ups sitting on 3 acres and an additional 16 acres that can be developed. Park has city water, gas and sewer. Located right off the main highway running through the city. Tenants can walk to everything. Tenants pay their own utilities. Gross monthly rent is $8,350 at present. This park is already a money maker and has huge potential for added value easily. It just needs a manager to operate it effectively. Owners both have professional careers and don’t have the time to commit to it anymore. All homes are newer than 1990 models and the majority are 16x80 with 3br 2 Bath. Great location. Most tenants have been there over 1 year. Lexington Tn qualifies for the new tax reform Opportuity Zones. Take advantage of your capital gains. Call Lisa 731-695-4761

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Park Information

Community Type: All Age
Number of MH Lots: 40
Total Occupancy: 96.0 %
Year Built: 1965
Average MH Lot Rent: $425
Size: 19 acre(s)

Lot Information

Singlewide Lots: 40

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 23
Average Rent for Park-owned Homes: $425