Riggs Trailer Park
Multi-Family
for Sale
| Catylist Listing ID: |
30624266 |
| Property Subtypes: |
Mobile Home Park
|
| Number of Units: |
26 Units |
| Building Size (RSF): |
1 SF |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
3.30 Acres
|
| Sale Price: |
$1,075,000 |
| Unit Price: |
$41,346.15 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Riggs Trailer Park |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/22/2021 |
Overview / Comments
Mobile Home Park near the Chattanooga Airport on Airport Road. Sale is for the Land only. Trailers are owned by the Tenants. Upside potential to increase rents.
Listing information is provided by owner / landlord and public sources and is deemed reliable but not guaranteed. Listing agent has not measured the space / building and does not guarantee the accuracy of the number of square feet or acreage.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$14,950 (Annual) |
| Tax Value Land |
$690,000 |
| Tax Value Improvements |
$87,500 |
| Assessed Value - Total($) |
$194,375 (Annual) |
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Taxing Authority: |
Hamilton County |
| Tax ID/APN: |
148P-E-001.01 |
| Zoning: |
R-1 |
| Airports: |
Chattanooga Airport |
| Area Description: |
Near the Chattanooga Airport on Airport Road at Provence Street. |
| Property Condition: |
Average |
| Internet Access: |
Gigabit |
| Zoning Description: |
R-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Fee Simple |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,344 |
56,844 |
149,453 |
| Median Age: |
34.36 |
39.54 |
38.62 |
| Households: |
2,161 |
25,562 |
62,151 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Greater Chattanooga REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
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