Mobile Home Park in Prime Maryville Location

Multi-Family for Sale
Call for Offers
Catylist Listing ID: 30835227
Property Subtypes: Mobile Home Park
Number of Units: 10 Units
Building Size (RSF): 7,024 SF
Gross Building Area: See Agent
Gross Land Area: 1.75 - 2.25 Acres
Sale Price: $650,000
Unit Price: $65,000 Per Unit
Property Use Type: Investment
Building Name: Turner Mobile Home Park
Sale Terms: Cash to Seller
Call for Offers: Yes
Cap Rate: 9.0%
Average Occupancy Rate: 99
Last Updated: 12/5/2023

Overview / Comments

Mobile Home Park in Prime Location in Maryville. Centrally located near rapidly expanding Foothills Mall area. 10 lots, 9 mobile homes. All currently rented. Total rents are $6,150 per month.

943 Turner St: $600 per month
945 Turner St: $700 per month
947 Turner St: $650 per month
949 Turner St: $800 per month
951 Turner St: Empty lot
953 Turner St: $700 per month
955 Turner St: $550 per month
957 Turner St: $800 per month
959 Turner St: $550 per month
961 Turner St: $800 per month

Unit, Size, Year Built
943 - 588 sqft, 2004, 2 bedroom / 1 bath
945 - 724 sqft, 1993, 2 bedroom / 1 bath
947 - 644 sqft, 1995, 2 bedroom / 1 bath
949 - 1088, 1996, 3 bedroom / 2 bath
951 - Empty
953 - 672 sqft, 1987, 2 bedroom / 1 bath
955 - 784 sqft, 1995, 64 sqft porch, 2 bedroom / 1 bath
957 - 924 sqft, 1995, 3 bedroom / 2 bath
959 - 672 sqft, 1997, 192 sqft porch, 2 bedroom / 1 bath
961 - 924 sqft, 2004, 94 sqft porch, 3 bedroom / 2 bath

Financials

Finance Data Year 2023
Real Estate Taxes - Annual($) $642 (Annual)
Assessed Value - Total($) $65,000 (Annual)
Potential Rental Income $71,700 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Knoxville
County: Blount
Taxing Authority: City of Maryville
Tax ID/APN: 057B A 044.00
Zoning: S
Percent Occupied: 100%
Property Located Between: Foothills Mall Pkwy and US321
Airports: McGhee Tyson Airport
Area Description: Very close to Foothills Mall area shopping centers.
Total Number of Buildings: 9
Property Condition: Average
Number of Stories: 1
Parking Type: Other
Parking Description: Each unit has parking area for one or more vehicles.
Heat Type: Electricity
Heat Source: Central, Other
Fuel: Electric
Air Conditioning: Package Unit, Other
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,301 36,719 67,566
Median Age: 35.03 38.5 40.28
Households: 1,416 14,695 27,025
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