Asking price: $1,250,000

Very attractive 60 pad mobile home park in Covington, TN, for sale. Property is only 40 miles north of Memphis and has a good mix of park-owned and tenant-owned homes. Owners have kept this park well-maintained with a good, quiet clientele.

NOI: $118,000

Cap rate: 8.5

Full Marketing Package attached. Please call or email with any questions.

Smithville Mobile Home Park, Covington, TN 38019

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Cathy Anderson, CCIM

About Cathy Anderson, CCIM

Lifetime member of the Multi-Million Dollar Club

Top Commercial Real Estate Broker with Crye-Leike Commercial for 2015

Former Director with the Memphis Area Association of Realtors Commercial Council

Holds an MBA (Finance Insurance and Real Estate) from the University of Memphis

2015 President of the Memphis Metro CCIM Chapter

I am a Certified Commercial Investment Member

2015 Winner of the Crye-Leike Circle of Excellence Award

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Crye-Leike Commercial
6525 Quail Hollow Road, Suite 401 Memphis, TN 38120

Cathy is proud to be part of the Crye-Leike Commercial Team. Crye-Leike is a full service real estate firm offering listings, effective marketing packages, assistance with loans, and title and closing services. Learn more

Smithville Mobile Home Park, Covington, TN 38019

About Cathy Anderson, CCIM