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6946 Highway 70 W 14 Unit Mobile Home Park $1,085,370 CAD ($77,526 CAD/Unit) 9.04% Cap Rate Brownsville, TN 38012
INVESTMENT HIGHLIGHTS
- In-Place NOI is ±$70,500 with historical annual occupancy exceeding 95%
- Each site offers full hook-ups, 20/30/50-amp electrical service, water, sewer, Wi-Fi, on-site property management access, and is pet-friendly.
EXECUTIVE SUMMARY
High-performing 14-site RV park located in Brownsville, Tennessee, approximately 55 miles from downtown Memphis. Located just 8 miles from *Ford’s Blue Oval City*, a $5.6+ billion, 4,100-acre EV manufacturing campus projected to create 6,000+ jobs and drive significant regional growth. Strong value-add potential through rent increases and utility bill-backs, as the park maintains consistent 100% occupancy from long-term monthly tenants
PROPERTY FACTS
| Price | $1,085,370 CAD | Apartment Style | Garden |
| Price Per Unit | $77,526 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 6.00 AC |
| Cap Rate | 9.04% | Building Size | 5,600 SF |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | $1,085,370 CAD |
| Price Per Unit | $77,526 CAD |
| Sale Type | Investment |
| Cap Rate | 9.04% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.00 AC |
| Building Size | 5,600 SF |
| No. Stories | 1 |
| Year Built | 2000 |
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6946 Highway 70 W
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