177 Roper Rd - Manufactured Housing/Mobile Housing FOR SALE


Copperhill, TN 37317
$1,950,000 USD
615-788-1241
177 Roper Rd, Copperhill, TN for Sale
$1,950,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/49
null | Request Cap Rate

177 Roper Rd
Copperhill, TN 37317


HIGHLIGHTS

  • Significant expansion potential via undeveloped pads (approx. 47)
  • Immediate Expansion Potential via partially developed pads (16)
  • Capital Recoup via Home Sales on Remaining Pads

OVERVIEW

- 74 Pads Allowed by Zoning - 55 Planned by Current Ownership | ± 32 total acres - All homes are tenant owned - Phase 1 Development Recently Completed (19 home ready pads, 9 currently occupied with brand-new park-model homes, STRs/AirBnB/Vrbo permitted) - Phase 2 Development in Progress (16 pads needing utilities, but accessible via in-place road/pad infrastructure) - Development Plans/Drawings Available upon request - Occupied homes collect $500/month for Lot Lease post-home-purchase (5-year Lease) - Fenced dumpster/waste area - 3/4 mile Walking Trails – Planned to be lengthened as development is phased out - Refurbished Pond – New liner - Well Water | Septic | Direct-Billed-to-Tenant Electrical - New pump house and 3,250-gallon underground, potable water tank – provides ample water to phases I & II along with pumps for excellent water pressure at each home and in-line UV filters for enhanced water quality

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$195 USD /SF

# OF UNITS

-

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocoee Mountain Cottages

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Trailer/Camper Park

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

32 AC

LAND SF

1,393,920 SF

ZONING

MHP

APN/PARCEL ID

125-013.00

ASK ABOUT THIS PROPERTY

Jake StumbCharles Hawkins Co.More Info
615-788-1241

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Jake StumbCharles Hawkins Co.More Info
615-788-1241

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.