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    4573 Bluff City Hwy Bluff City, TN 37618

    Sponsored
    For Sale
    $625,000

    14-Unit Income Property, Tennessee

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 14-unit mobile home park situated on a 4.5-acre lot in Bluff City, Tennessee. The property, located at 4573 Bluff City Hwy, boasts 14,000 square feet of space, with 14 buildings and 20 available pads, offering potential for expansion. Currently operating as a family park, it features 14 park-owned units, all with electric, water, and sewer utilities. The property is zoned commercial and offers significant upside potential due to years of consistent occupancy and the opportunity for rent increases. Two lots are currently vacant, and two more are used for storage. Conveniently located near the intersection of Lakeview Drive and Bristol Hwy/Hwy 11E, this property benefits from its proximity to Boone Lake and easy access to Bluff City. The asking price is $625,000, representing a price per square foot of $44.64. The property is held in fee simple and consists of two parcels (APN: 097 02500|2). Financial information is available to qualified buyers upon request and the submission of proof of funds. The seller requires proof of readily available funds up to the buyer's offering price. This includes, but is not limited to, bank statements, credit reports, or other financial records. The property is classified as Class C and is a net lease investment.

    Property Features for 4573 Bluff City Hwy

    General Information

    Property type
    Multifamily properties
    Square Feet
    14,000 SF
    Class
    C
    Lot Size
    196,020 SF

    Building Details

    Buildings
    14
    Stories
    1
    Units
    14

    HighLights

    • 14‑unit mobile home park on a 4.5‑acre lot in Bluff City, TN.
    • 14,000 square feet, 20 available pads, expansion potential.
    • 14 park‑owned units, all with utilities; currently operating as a family park.
    • Zoned commercial, strong occupancy history, rent increase potential; asking price $625,000 ($44.64/SF).
    • Fee simple ownership, two parcels (APN: 097 02500|2); financial details available to qualified buyers with proof of funds.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Bluff City
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.27524733
    Latitude
    36.46720839

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    Nearby Similar for Sale

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      Thriving Auto Parts Business Opportunity

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    FAQs

    What type of property is this?
    Multifamily property - 14-Unit Income Property, Tennessee
    Where is this multifamily property located?
    The property is located at 4573 Bluff City Hwy Bluff City, TN.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 14-unit mobile home park on a 4.5-acre lot in Bluff City, TN.; 14,000 square feet, 20 available pads, expansion potential.; 14 park-owned units, all with utilities; currently operating as a family park.
    (423) 230-0255
    Request Owner's contact information
    4573 Bluff City Hwy Bluff City, TN 37618
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    Bluff City, TN 37618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4573 Bluff City Hwy Bluff City, TN 37618
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