This 65-pad mobile home park in Memphis, Tennessee presents a rare value-add investment opportunity priced at just $399,000—approximately $6,100 per pad. The property features city water and sewer, commercial CMU-1 zoning, and includes an additional burger restaurant tenant generating $2,000 per month in income. With 65 infill-ready pads and market lot rents estimated between $400–$450 per month, the park offers significant upside potential. Located along a high-traffic commercial corridor, investors have the opportunity to reposition and stabilize the property with a projected stabilized value exceeding $2M.
© Copyright 2022 Company Name. All rights reserved