**11% CAP UPSIDE** Owner Financing w/25% Down | 20 Wigley Loop
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**11% CAP UPSIDE** Owner Financing w/25% Down 20 Wigley Loop
12 Unit Mobile Home Park £274,155 (£22,846/Unit) 11.35% Net Initial Yield Whitwell, TN 37397
Investment Highlights
- Low rent with upside and pads and space for expansion
Executive Summary
LARGE UPSIDE OWNER FINANCING AVAILABLE with (SEE ATTACHED FINANCIAL SUMMARY)11% Cap Could be 20% Cap with some improvements. 4.3 ACRES 12 lots total with some more expansion room for 10 to 15 more lots. ALL UNITS individually metered for water and electric. 2 Units can be remodeled for additional income and 3 lots are ready to go with Power Pole, septics tanks and water meters ready.**SEE ATTACHED DOCS FOR FINANCIAL SUMMARY**
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | £274,155 | Lot Size | 4.30 AC |
| Price Per Unit | £22,846 | Building Size | 9,000 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Net Initial Yield | 11.35% | Number of Floors | 1 |
| No. Units | 12 | Year Built/Renovated | 1990/2021 |
| Property Type | Residential | Parking Ratio | 5.22/1,000 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | £274,155 |
| Price Per Unit | £22,846 |
| Sale Type | Investment |
| Net Initial Yield | 11.35% |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 4.30 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1990/2021 |
| Parking Ratio | 5.22/1,000 SF |
| Opportunity Zone |
Yes |
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PROPERTY TAXES
| Parcel Number | 078-085.00 | Improvements Assessment | £65,985 |
| Land Assessment | £9,118 | Total Assessment | £75,103 |
PROPERTY TAXES
Parcel Number
078-085.00
Land Assessment
£9,118
Improvements Assessment
£65,985
Total Assessment
£75,103
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**11% CAP UPSIDE** Owner Financing w/25% Down | 20 Wigley Loop
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