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Off Market
1/9

36 Simmons Cir
Fayetteville, TN 37334


HIGHLIGHTS

  • Additional revenue opportunity by charging back tenants for water usage, which is not currently being billed
  • In-Place NOI: ±$43,000
  • Proforma NOI: ±$72,000
  • The average lot rent is significantly lower than competing parks in the area, where occupancy rates exceed 95%
  • The community is connected to public water and utilities and includes two newly installed septic tanks

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Whispering Pines MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

5000

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

115D-A-008.01