For Sale
$625,000

4573 Bluff City HwyBluff City, TN 37618

14-Unit Income Property, Tennessee

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 14-unit mobile home park situated on a 4.5-acre lot in Bluff City, Tennessee. The property, located at 4573 Bluff City Hwy, boasts 14,000 square feet of space, with 14 buildings and 20 available pads, offering potential for expansion. Currently operating as a family park, it features 14 park-owned units, all with electric, water, and sewer utilities. The property is zoned commercial and offers significant upside potential due to years of consistent occupancy and the opportunity for rent increases. Two lots are currently vacant, and two more are used for storage. Conveniently located near the intersection of Lakeview Drive and Bristol Hwy/Hwy 11E, this property benefits from its proximity to Boone Lake and easy access to Bluff City. The asking price is $625,000, representing a price per square foot of $44.64. The property is held in fee simple and consists of two parcels (APN: 097 02500|2). Financial information is available to qualified buyers upon request and the submission of proof of funds. The seller requires proof of readily available funds up to the buyer's offering price. This includes, but is not limited to, bank statements, credit reports, or other financial records. The property is classified as Class C and is a net lease investment.

Highlights

  • 14-unit mobile home park on a 4.5-acre lot in Bluff City, TN.
  • 14,000 square feet, 20 available pads, expansion potential.
  • 14 park-owned units, all with utilities; currently operating as a family park.
  • Zoned commercial, strong occupancy history, rent increase potential; asking price $625,000 ($44.64/SF).
  • Fee simple ownership, two parcels (APN: 097 02500|2); financial details available to qualified buyers with proof of funds.

Property Details for 4573 Bluff City Hwy

Property type
Mobile home & RV parks
Square Feet
14,000 SF
Class
C
Buildings
14
Stories
1
Lot Size (sq. ft)
196,020 SF
Units
14

Location Insight

City
Bluff City
County
Sullivan
State
Tennessee
Latitude
36.46720839
Longitude
-82.27524733
4573 Bluff City Hwy, Bluff City, Tennessee

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4573 Bluff City Hwy
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