Multi Family Commercial

Multi-Family for Sale
Catylist Listing ID: 30715765
Property Subtypes: Mobile Home Park
Number of Units: 16 Units
Building Size (RSF): 10,000 SF
Gross Land Area: 6 Acres
Sale Price: $795,000
Unit Price: $49,687.50 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 12.0%
Last Updated: 3/16/2021

Overview / Comments

INCOME PRODUCING MOBILE HOME PARK with Commercial Zoning includes 6 acres, 15 Mobile Homes park owned and a Single Family Home located in a fast growing area of Fentress County Tennessee.12% Cap Rate. Call for additional information.

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Additional Details

Nearest MSA: Crossville
County: Fentress
Tax ID/APN: Tax ID 149 051.00
Highway Access: Hwy 127
Site Description: Property is located on 6 acres of commercial property off Highway 127. Great potential to expand.
Total Number of Buildings: 16
Property Condition: Good
Year Built: 1973
Heat Source: Central
Air Conditioning: Other
Zoning Description: Commercial multi family
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,308 1,308 4,911
Median Age: 40.79 40.79 41.73
Households: 499 499 1,925


Photograph of Listing Agent

William Eilf

K W Cleveland Greater Chattanooga REALTORS® Member
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