Multifamily Property For Sale - Candlewood Mobile Home Community

2646 Ferguson Road, Memphis, TN, 38106

 
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Candlewood Mobile Home Community

 

2646 Ferguson Road

Memphis, Tennessee 38106
County: Shelby
 
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  For Sale Active  
Type:Multifamily
Mobile Home/RV Community
No. Spaces:55
Lot Size:3.67 Acres
Occupancy:100.00%
Price:$650,000
Price/Space:$11,818
Cap Rate:11.94%
Date Last
Verified:
12/12/2008
Property ID:15791901
 
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 Additional Information 

Property Description:
OWNER FINANCING! Located in Memphis, TN Candlewood Mobile Home community is a 55 space lot rental only park plus small store on the property that is leased for $750 Per month. Seller will finance 80% of the purchase price/ very generous terms.

Location Description:
Memphis Tennessee just off Elvis Presely Blvd. Near Air Port and FEDEX HUB

  Financial Summary Actual  
Net Operating Income:$77,610
 
  Space Mix Information
No Space Mix Information Provided
 
  Debt & Equity Information
No Debt & Equity Information Provided
7/8/2008
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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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