1511 Swanson Blvd Fayetteville, TN 37334-2052
- Mobile home & RV parks
- 5.20 lot acres
Current Use by Public Records
- Radio City Reserve Manufactured Home Community / Mobile Home Park
Property Details for 1511 Swanson Blvd
- Lot size
- 5.20 lot acres
- Property type
- Mobile home & RV parks
- APN
- 079B A 02700
- APU
- 079BA02700
Description
This exceptional investment opportunity presents a multifamily property and RV park in Fayetteville, Tennessee, currently operating at 72% occupancy. The property, identified by APN 079B A 02700 and located at 1511 Swanson Blvd, Fayetteville, TN 37334, consists of 25 units and is being offered via auction sale. The asking price is $100,000, representing a compelling 15%+ capitalization rate based on a Net Operating Income (NOI) of $50,000. This attractive return on investment is further enhanced by the dual-use nature of the property, combining the income streams of both apartment units and RV park spaces. The property's location in Lincoln County provides access to a growing market, offering potential for increased occupancy and revenue. This auction presents a unique chance to acquire a well-positioned, income-generating asset with significant upside potential. Detailed financial statements and property information are available upon request. Don't miss this opportunity to secure a high-yield investment in a desirable Tennessee location. Act quickly, as this auction sale is time-sensitive.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $480,000
- 6.5%
- $475,000
- 7%
- $475,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $500,000
- Mixed-Use
- $390,000
- Hospitality
- $505,000
- Educational
- $490,000
- Residential Income
- $460,000
- Energy
- $510,000
- Income-Based Land
- $510,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Lincoln
- State
- Tennessee
- Longitude
- -86.5897
- Latitude
- 35.1595