Manufactured Home Community
For Sale
Contact for pricing
496 Bristol Caverns Hwy, Bristol, TN 37620
Portfolio includes 64 MH sites plus two site-built houses and two apartments offered for sale.
Property SizeContact for details
Days on Market122
Property Features for 496 Bristol Caverns Hwy
General Information
Standard status
Active
Property subtype
Land, Mobile Home Park
Occupancy
51%
Listing Agency:
Sunstone Real Estate Advisors
Listed By:
Kolman Bubis · License #IL 475173212
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 7:45PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunstone Real Estate Advisors
Investment Insights
Based on property information with market context.
This for-sale portfolio features a manufactured home community with 64 MH sites, along with two site-built houses and two apartments across three properties. The community is described as all-age, and recent performance has declined, with occupancy transitioning from an estimated 80% to 51% over the past three years. The offering is noted as unpriced.
The properties are located at 496 Bristol Caverns Hwy in Bristol, Tennessee, with access to regional markets including Asheville, Knoxville, and Southwest Virginia.
As presented, the replacement cost is approximately $25,000 per site, and comparable occupied sites in Tennessee are noted to trade in the $18,000 to $22,000 range depending on the in-place lot rent.
The properties are located at 496 Bristol Caverns Hwy in Bristol, Tennessee, with access to regional markets including Asheville, Knoxville, and Southwest Virginia.
As presented, the replacement cost is approximately $25,000 per site, and comparable occupied sites in Tennessee are noted to trade in the $18,000 to $22,000 range depending on the in-place lot rent.
Key Highlights
- Tri‑Cities portfolio in Bristol, TN with 64 MH sites plus 2 site‑built houses and 2 apartments
- All‑age manufactured home community (MHC) currently reported at 51% occupancy (down from an estimated 80% over the last 3 years)
- Portfolio consists of three properties
Property Analytics
Current Use
Lease Details
51%
Occupancy
Location Intelligence
Trade Area within ½ mile
57
Businesses Nearby
Explore this area
Business Placement
Demographics for 37620, TN
38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Portfolio includes 64 MH sites plus two site-built houses and two apartments offered for sale.
Where is this mobile home & rv park located?
The property is located at 496 Bristol Caverns Hwy Bristol, TN.
What are key features of this property?
This property features: Tri‑Cities portfolio in Bristol, TN with 64 MH sites plus 2 site‑built houses and 2 apartments; All‑age manufactured home community (MHC) currently reported at 51% occupancy (down from an estimated 80% over the last 3 years); Portfolio consists of three properties
