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Mobile Home Park

Middle TN MHP Portfolio

7427 Swift Rd, Greenbrier, TN 37073

Listing Price: $2,420,000

Cap Rate
6.82%
Number of Spaces
45
Lot Size
24.60 acres
Occupancy
95.0%
Price/Space
$53,778
Spaces/Acre
1.83
Year Built
1974

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale these 3 mobile home parks located Greenbrier, Charlotte, and Springfield, TN. This offering will allow a potential investor to purchase a rare value-add

opportunity located in Middle Tennessee. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE MIDDLE TN MHP PORTFOLIO.

Investment Highlights

  • All mobile homes are park-owned-homes
  • Lots are individually metered for electricity
  • Properties are located in rapidly growing counties surrounding Nashville, TN

Exclusively Listed By

Financing By

Mobile Home Park

Middle TN MHP Portfolio

Listing Price: $2,420,000

Cap Rate
6.82%
Number of Spaces
45
Lot Size
24.60 acres
Occupancy
95.0%
Price/Space
$53,778
Spaces/Acre
1.83
Year Built
1974

Investment Highlights

  • All mobile homes are park-owned-homes
  • Lots are individually metered for electricity
  • Properties are located in rapidly growing counties surrounding Nashville, TN

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale these 3 mobile home parks located Greenbrier, Charlotte, and Springfield, TN. This offering will allow a potential investor to purchase a rare value-add opportunity located in Middle Tennessee. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE MIDDLE TN MHP PORTFOLIO.

Exclusively Listed By

Financing By

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