Property Listing No Longer Available for Sale

850 C Smith St, Goodlettsville, TN

Multi-family for Sale - $2,780,000 - 1 Sq. Ft.


Property Info

CIMLS#1041156
Location
  850 C Smith St
  Goodlettsville TN 37072
UpdatedJune 18th, 2019
TypeMulti-family
Price$2,780,000
Building1 Sq. Ft.

Property Description

60 unit mobile home park with 52 park owned homes and 8 lot rent pads. Great visibility from highly traveled Hwy 31(Louisville Hwy) allows for a high occupancy rate. Tenants pay their own water, sewer and electric. All of the park owned homes have been upgraded to central HVAC. The property is 2.6 miles to the I-65 Hwy 31 exit, 15 minutes to downtown Nashville. The property is being sold at nearly a 12% cap. The sale includes two parcels of 24 & 20 acres.


Financials