Manufactured Housing
For Sale
$2,200,000
2945 US-79, Atwood, TN 38220
32-space manufactured housing community with park-owned homes, tenant-owned homes, and a storage building along U.S. Highway 79.
Property SizeContact for details
Days on Market53
Property Features for 2945 US-79
General Information
Standard status
Active
Property subtype
Mobile Home Park
Occupancy
85%
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Cap Rate
6.93%
Multifamily Units
32
Amenities
storage building
32-Space Manufactured Housing Community with a majority of Park-Owned Homes
Tenants Direct Billed All Utilities
Seller Financing Available
City Water and Sewer
Building Details
Year Built
1995
Listed By:
Jacob Adami · License #License(s): TX: 841028
(713) 452-4366
Source:
Marcusmillichap
Added: Jul 24
Changed: Sep 4
Last Checked: Sep 14 at 5:11AM
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 Jacob Adami
Investment Insights
Based on property information with market context.
Atwood Acres MHP is a 32-space manufactured housing community located along U.S. Highway 79. The community includes 30 park-owned homes and 2 tenant-owned homes, along with a 10-unit storage building. Approximately 1 acre is available for expansion. Historically, the park operated at 85% occupancy and has utilized long-term leases with 100% secured on 12-month agreements.
The property offers direct, convenient access from the highway corridor and visibility to surrounding West Tennessee communities, with commutable distances to downtown Atwood, McKenzie, Huntingdon, and Jackson as described in the remarks.
Utilities are serviced by Atwood Utilities for water and sewer. Water, sewer, electric, and trash are separately metered and paid directly by the tenants, and the property is currently owner-managed with experienced on-site managers willing to stay after a sale. Please do not visit the park without prior approval; tours must be arranged through Marcus & Millichap listing agents.
The property offers direct, convenient access from the highway corridor and visibility to surrounding West Tennessee communities, with commutable distances to downtown Atwood, McKenzie, Huntingdon, and Jackson as described in the remarks.
Utilities are serviced by Atwood Utilities for water and sewer. Water, sewer, electric, and trash are separately metered and paid directly by the tenants, and the property is currently owner-managed with experienced on-site managers willing to stay after a sale. Please do not visit the park without prior approval; tours must be arranged through Marcus & Millichap listing agents.
Key Highlights
- 32‑space manufactured housing community on U.S. Highway 79 in Atwood, TN
- Year built 1995
- Includes 30 park‑owned homes, 2 tenant‑owned homes, and a 10‑unit storage building
Property Analytics
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Current Use
Lease Details
32
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 38220, TN
1,919
Population
923
Households
2.1
Avg Household Size
48
Median Age
13%
College-Educated
84%
High-School Grad
38.4 sq mi
ZIP Area
50
Density / Sq Mi
$43,698
Median Household Income
$31,111
Median Earnings
$768
Median Rent
$92,400
Median Home Value
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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 - 32-space manufactured housing community with park-owned homes, tenant-owned homes, and a storage building along U.S. Highway 79.
Where is this mobile home & rv park located?
The property is located at 2945 US-79 Atwood, TN.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 32‑space manufactured housing community on U.S. Highway 79 in Atwood, TN; Year built 1995; Includes 30 park‑owned homes, 2 tenant‑owned homes, and a 10‑unit storage building
