Mobile home park with redevelopment opportunity. Prime redevelopment site with excellent access to I-75 at Exit 7 (Bonnie Oaks) and Exit 5 (Shallowford Road), currently zoned R-MH under Chattanooga’s updated -new zoning… Note: the zoning change is currently under a grace period, see link below for more details. Previously zoned R-3, offering potential for up to 24 units per acre suggest a high possibility of successful rezone to the new RN-3, allowing for up to 45 units per acre. Assuming a realistic single phase density of 300 garden style units, the land basis price is $23,334/unit ($7mm). https://chcrpa.org/news/new-zoning-map/