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759 Hillvale Rd 22 Unit Mobile Home Park $1,200,000 ($54,545/Unit) Andersonville, TN 37705
Executive Summary
22-Site Mobile Home Community with Opportunity
The community consists of 22 park-owned homes, offering strong in-place cash flow with additional upside through renovations and operational improvements. Units are in varying condition, creating a clear value-add opportunity to enhance the property and increase returns. Currently a mix of park owned homes and homes financed by the park to tenants.
Surrounded by natural beauty with a peaceful, creekside atmosphere, this property combines stable income with long-term growth potential. Conveniently located just 12 minutes from Emory Road with easy interstate access, and under 20 minutes to Downtown Knoxville and the University of Tennessee.
Situated in a serene countryside setting, the property offers a quiet and relaxing environment while remaining accessible to nearby towns and everyday conveniences. The surrounding area supports continued demand for affordable housing, making it an attractive option for long-term tenants.
Financials available upon request.
Professional management in place and willing to continue with new ownership.
The community consists of 22 park-owned homes, offering strong in-place cash flow with additional upside through renovations and operational improvements. Units are in varying condition, creating a clear value-add opportunity to enhance the property and increase returns. Currently a mix of park owned homes and homes financed by the park to tenants.
Surrounded by natural beauty with a peaceful, creekside atmosphere, this property combines stable income with long-term growth potential. Conveniently located just 12 minutes from Emory Road with easy interstate access, and under 20 minutes to Downtown Knoxville and the University of Tennessee.
Situated in a serene countryside setting, the property offers a quiet and relaxing environment while remaining accessible to nearby towns and everyday conveniences. The surrounding area supports continued demand for affordable housing, making it an attractive option for long-term tenants.
Financials available upon request.
Professional management in place and willing to continue with new ownership.
Property Facts
| Price | $1,200,000 | Apartment Style | Garden |
| Price Per Unit | $54,545 | Building Class | C |
| Sale Type | Investment | Building Size | 20,328 SF |
| No. Units | 22 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1995 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $1,200,000 |
| Price Per Unit | $54,545 |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Building Size | 20,328 SF |
| No. Stories | 1 |
| Year Built | 1995 |
Amenities
Unit Amenities
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 031-063.00 | Improvements Assessment | $38,360 |
| Land Assessment | $78,560 | Total Assessment | $116,920 |
Property Taxes
Parcel Number
031-063.00
Land Assessment
$78,560
Improvements Assessment
$38,360
Total Assessment
$116,920
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759 Hillvale Rd
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