Cane Creek Road MHP | 1901 Cane Creek Rd
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Cane Creek Road MHP 1901 Cane Creek Rd
30 Unit Mobile Home Park For Sale Cookeville, TN 38506
Investment Highlights
- Subject Property includes 29 Lots and 1 house
- located 1.5 miles from Interstate 40 providing easy access to Nashville and Knoxville
- Lot rents are currently $227 below market rent
- The house and lots are all individually metered for water and electricity, and put into the tenants names
Executive Summary
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/169095/cane-creek-road-mhp
Marcus & Millichap has been selected to exclusively market for sale the Cane Creek Road MHP in Cookeville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity located in Tennessee.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE CANE CREEK ROAD MHP.
Marcus & Millichap has been selected to exclusively market for sale the Cane Creek Road MHP in Cookeville, TN. This offering will allow a potential investor to purchase a rare value-add opportunity located in Tennessee.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE CANE CREEK ROAD MHP.
Property Facts
| Sale Type | Investment | Lot Size | 15.02 AC |
| No. Units | 30 | Building Size | 36,000 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1985 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 15.02 AC |
| Building Size | 36,000 SF |
| No. Stories | 1 |
| Year Built | 1985 |
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Cane Creek Road MHP | 1901 Cane Creek Rd
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