Mobile Home Park with Resident-Owned
For Sale
Contact for pricing
Pending
2189 Highway 81 S, Jonesborough, TN 37659
Resident-owned mobile homes occupy month-to-month lots, with residents handling utilities and exterior maintenance.
Property SizeContact for details
Lot Size1.42 Acres
Days on Market141
Property Features for 2189 Highway 81 S
General Information
Standard status
Pending
Lot size
1.42 Acres
Property subtype
Multifamily
Financials
Cap Rate
8%
Gross Income
$11,100
Average Monthly Rent
$185
Additional Details
Multifamily Units
5
Listing Agency:
Century 21 Heritage Johnson City
Listed By:
Kevin Stafford · License #TN
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 10:52PM
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 Century 21 Heritage Johnson City
Investment Insights
Based on property information with market context.
This 1.42-acre mobile home park includes five lots occupied by mobile homes owned by the residents. Lot agreements are month to month, and the residents pay their own utilities while handling exterior upkeep, including lawn service, trash removal, and snow removal.
The property carries an 8% cap rate. Residents have remained at the community for more than 7 years, and credit, criminal, and eviction screening has been completed for all residents. The owner also holds the first right to purchase any mobile home offered for sale by a resident.
The property carries an 8% cap rate. Residents have remained at the community for more than 7 years, and credit, criminal, and eviction screening has been completed for all residents. The owner also holds the first right to purchase any mobile home offered for sale by a resident.
Key Highlights
- 1.42‑acre mobile home park with 5 resident‑occupied lots
- Resident‑owned mobile homes; the property owner does not own the homes
- Month‑to‑month lot agreements
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 37659, TN
29,313
Population
12,798
Households
2.3
Avg Household Size
45
Median Age
29%
College-Educated
92%
High-School Grad
126.9 sq mi
ZIP Area
231
Density / Sq Mi
$69,765
Median Household Income
$40,962
Median Earnings
$1,034
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Resident-owned mobile homes occupy month-to-month lots, with residents handling utilities and exterior maintenance.
Where is this mobile home & rv park located?
The property is located at 2189 Highway 81 S Jonesborough, TN.
What are key features of this property?
This property features: 1.42‑acre mobile home park with 5 resident‑occupied lots; Resident‑owned mobile homes; the property owner does not own the homes; Month‑to‑month lot agreements
