615-997-2853
1901 Cane Creek Rd, Cookeville, TN for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/15
null | Request Cap Rate

1901 Cane Creek Rd
Cookeville, TN 38506


HIGHLIGHTS

  • Subject Property includes 29 Lots and 1 house
  • Lot rents are currently $227 below market rent
  • located 1.5 miles from Interstate 40 providing easy access to Nashville and Knoxville
  • The house and lots are all individually metered for water and electricity, and put into the tenants names

OVERVIEW

Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/169095/cane-creek-road-mhp Marcus & Millichap has been selected to exclusively market for sale the Cane Creek Road MHP in Cookeville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity located in 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 CANE CREEK ROAD MHP.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

30

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cane Creek Road MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.02 AC

LAND SF

654,270 SF

ZONING

-

APN/PARCEL ID

084 00101000,084-001.01

ASK ABOUT THIS PROPERTY

Patrick CosgroveMarcus & MillichapMore Info
615-997-2853

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Patrick CosgroveMarcus & MillichapMore Info
615-997-2853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.