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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

161 Howell Hl Rd Fayetteville, TN 37334-7912

6.98 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1993357
Property summary
AI-generated overview

This exceptional investment opportunity presents a 304,048 square foot mixed-use property situated on a sizable 6.98-acre lot in Fayetteville, Tennessee. The property currently boasts thirteen occupied mobile home units, all operating under month-to-month leases, providing immediate and consistent cash flow. This turnkey operation offers a significant advantage for investors seeking a stable rental income stream. The property's infrastructure is supported by city water and a septic system, ensuring reliable utility services for all tenants. The expansive acreage offers potential for future development or expansion, allowing for significant upside potential. Given the current occupancy rate and the month-to-month lease agreements, this property presents a unique opportunity for immediate returns and long-term growth. The substantial size of the land provides ample room for potential future development, adding further value to this already lucrative investment. This is an ideal acquisition for investors seeking a proven, cash-flowing asset with significant upside potential in a desirable location. The property's current configuration and the existing tenant base provide a solid foundation for immediate returns, while the ample land provides room for future expansion and development. This is a rare opportunity to acquire a well-established, income-producing property in a growing market. The combination of immediate cash flow and future development potential makes this a truly compelling investment.

Property profile
Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Lot 6.98 ac (304,049 SF)
APN 113 04701
UPID US80-1993357
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Hilltop Homes LLC · 7 yrs held
Hilltop Homes LLC
since 2019
3 recorded transactions
2019
$108,000
1990
$2,700
1989
$2,700
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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