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Manufactured Home Community Portfolio

496 Bristol Caverns Hwy Bristol, TN 37620

496 Bristol Caverns Hwy, Bristol, TN, 37620
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For Sale
Contact for pricing

Portfolio includes 64 MH sites plus two site-built houses and two apartments offered for sale.

Days on Market105

Property Features for 496 Bristol Caverns Hwy

General Information

Standard status
Active
Property subtype
Land, Mobile Home Park
Listing agency Sunstone Real Estate Advisors
Listed by Kolman Bubis · License #IL 475173212
Source Crexi
Added: Apr 10 Updated: Jul 22 at 7:45PM 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.

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

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Hair Salon Plumbing Service Grocery & Convenience Store Nail Salon Kitchen & Bath Showroom Spa & Massage Center Restaurant Computer & Electronic Repair Gym & Fitness Center Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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