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8 Breezy Ln
Fayetteville, TN 37334
Multifamily Property For Sale · 100,000 SF

Property Facts

No. Units 78
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Garden
Building Class C
Lot Size 15.00 AC
Building Size 100,000 SF
Average Occupancy 80%
No. Stories 1
Year Built/Renovated 1980/2018
Zoning CO8 - Commercial Business

About 8 BREEZY LN , FAYETTEVILLE, TN 37334

Elk Valley MHP located at 8 Breezy Lane Fayetteville, Tn. 37334. It has 78 lots and is on city water and it metered thru metron and billed back to tenants. It has septic tanks. but City Sewer is very close and could be connected in the future. Lots of growth happening in the city. Has a commercial lot at the front of the property that could be expanded on or leased to a business. Owner has a building next door that could be sold as well. Local bank has it financed so should be no problem to get a loan with them. Owner firm on price and will not do owner financing. Owner has 3 parks they are selling. This package consists of 3 different mobile home parks with approximately 198 total lots. They are all located within 1-2 hours of each other and can be centrally managed from 1 office. Great opportunity to buy at $18,500 a lot. Lots of room to improve lot rents and add more lots. #1 is Town & Country located at 100 Town and Country Ct. Russellville, AL. It has 93 lots and is on city sewer and city water and individually metered. Has approximately 29 acres. Has a large soccer field, newer tornado shelter, and room to expand and have more lots. $250 lot rent. #2 Elk Valley MHP located at 8 Breezy Lane Fayetteville, Tn. 37334. It has 78 lots and is on city water but not separately metered and it has septic tanks. Has a commercial lot at the front of the property that could be expanded on or leased to a business. #3. is Cokers MHP located at 111 Hancock Rd. East. Scottsboro, Al. It has 26 lots plus a site built home. It is on city water and city sewer but is not individually metered. Park owns most of the homes here. Owner will sell Elk Valley for 1.5 separate firm and or Cokers MHP for 575k. 1.3 for town and country. **Agent willing to put in $150,000 for a silent ownership interest

  • Listing ID: 14042398

  • Date on Market: 10/11/2018

  • Last Updated:

  • Address: 8 Breezy Ln, Fayetteville, TN 37334

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