103 mobile home lots located within 15 minutes of each other at 3 parks. All lot rent is at $200 a month. This could be raised significantly. **Owner willing to take Woodcutters crossing out of the deal and sell the 1st 2 parks for 2.4 million.
Most parks are at $250 or more. 1st park (Ben's MHP) is at 852 Oliver Springs Hwy. Clinton. TN. This park has 33 lots that are all on city water and individually metered and have septic tanks. A large office with garages and lots of storage and an extra lot of commercial land is included in this park. Total of 7 acres at this location. The next park (Woodcutters Crossing) located at 162 Cutter Lane. Clinton, TN. consists of 16 lots that are all on city water and city sewer and are individually metered. Homes that are financed in this park include the land as well. Most have 20 years or so left on their payments. Paved streets. All lots are separately deeded and can be sold. One of the lots has 5 acres and several have at least 1 acre and most have at least 1/2 an acre. They are in a nice subdivision consisting of other lots as well. The sale includes 1 additional lot that doesn't have a home on it. 3rd Park (Pine Meadows Subdivision) is located at 105 King St. Clinton, Tn. The lots here are located in a subdivision of mobile homes as well and are individually deeded. City sewer and city water and all are individually deeded. Paved streets. Opportunity to buy additional lots here from individuals as well. 3 additional lots not in a park are included as well. 1 is a small site built house with 1/2 acre. The other 2 are lot rentals. Heavy equipment included in sale: Backhoe, bobcat w/attachments, dump truck, flatbed trailer, toter, pickup truck. Tools included: Saws, drills, ladders, plumbing parts, vinyl siding etc. Manager has been there 20+ years and is willing to stay on and continue. Agent is willing to put in $100,000 for a silent ownership interest in the deal.
