8903 Nelson Rd Soddy-Daisy, TN 37379
- Mobile home & RV parks
Current Use by Public Records
- Mobile home & RV parks
Property Details for 8903 Nelson Rd
- Property type
- Mobile home & RV parks
Description
This exceptional 8-unit mobile home park presents a compelling investment opportunity in the thriving Soddy-Daisy, Tennessee market. Located at 8903 Nelson Road and encompassing additional units on Wilkes Avenue, this fully occupied property boasts a strong financial performance with a gross monthly income of $6,425. The park's eight buildings are currently generating consistent revenue, offering immediate cash flow for investors. Tenants are responsible for all utilities, minimizing operational expenses. Annual lawn care costs are $3,465, and annual property taxes total $1,397.16. The property's strategic location off Hixson Pike provides convenient access to local amenities. Individual unit rents range from $575 to $1,050 per month. This stabilized investment is ideal for portfolio expansion or new ventures, providing a solid foundation for future growth in a rapidly developing area. The property offers a proven track record of success and presents a rare opportunity to acquire a high-performing asset in a desirable location. This is a turnkey operation ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Soddy-Daisy
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1461438
- Latitude
- 35.208172
