Great Opportunity: Mobile Home Park Ringgold GA

Multi-Family for Sale
Catylist Listing ID: 29597123
Property Subtypes: Mobile Home Park
Number of Units: 8 Units
Building Size (RSF): 500 SF
Gross Building Area: See Agent
Gross Land Area: 1 - 1.20 Acres
Sale Price: $240,000
Unit Price: $30,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 10.5%
Last Updated: 9/10/2017

Overview / Comments

Great investment opportunity with this Mobile Home Park in Ringgold Georgia. Located very close to the East Brainerd area, this park has 8 mobile homes and generates $2775 in monthly revenue. Long term tenants occupy 7 investor owned mobile homes. One lot leased for private mobile home owner.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Taxing Authority: Catoosa
Tax ID/APN: 0034A-011 and 012
Zoning: R-1
Market Type: Medium
Property Located Between: Graysville and Julian
Road Type: Paved
Airports: Chattanooga Metropolitan
Site Description: Level acreage in residential neighborhood
Area Description: Close to East Brainerd area of Chattanooga, TN. Near schools, shopping and dining.
Total Number of Buildings: 8
Zoning Description: R-1
Legal Description: Pt Ll6 28/3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,604 41,815 104,874
Median Age: 40.54 39.65 39.49
Households: 2,231 16,975 42,308

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