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20 Wigley Loop
Whitwell, TN 37397
Under Contract · Multifamily Property For Sale
·
9,000 SF
Investment Highlights
- Low rent with upside and pads and space for expansion
Executive Summary
LARGE UPSIDE OWNER FINANCING AVAILABLE with (SEE ATTACHED FINANCIAL SUMMARY)11% Cap Could be 20% Cap with some improvements. 4.3 ACRES 12 lots total with some more expansion room for 10 to 15 more lots. ALL UNITS individually metered for water and electric. 2 Units can be remodeled for additional income and 3 lots are ready to go with Power Pole, septics tanks and water meters ready.**SEE ATTACHED DOCS FOR FINANCIAL SUMMARY**
Property Facts Under Contract
| Price Per Unit | $37,104 CAD | Lot Size | 4.30 AC |
| Sale Type | Investment | Building Size | 9,000 SF |
| Cap Rate | 12.22% | Average Occupancy | 100% |
| No. Units | 12 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1990/2021 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 5.22/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Price Per Unit | $37,104 CAD |
| Sale Type | Investment |
| Cap Rate | 12.22% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 4.30 AC |
| Building Size | 9,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2021 |
| Parking Ratio | 5.22/1,000 SF |
| Opportunity Zone |
Yes |
Property Taxes
| Parcel Numbers | Improvements Assessment | $121,801 CAD | |
| Land Assessment | $19,424 CAD | Total Assessment | $141,225 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$19,424 CAD
Improvements Assessment
$121,801 CAD
Total Assessment
$141,225 CAD
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