72 Unit MHP Portfolio | AL & TN
Sands Investment Group is Pleased to Present the Opportunity to Acquire a 72 Unit MHP Portfolio Within 2 Hours Distance of One Another. This Portfolio Includes 62 Park Owned Homes & 9 Tenant Owned Homes. Possibility to Take Up to 60% Bonus Depreciation on Park Owned Homes if Closed in 2024. Upside Opportunity to Convert POH’s to Rent-to-Own (RTO) Contracts to Reduce Repair and Maintenance Costs. Property Management in Place and Will Remain With the Portfolio (at Request). Option to Purchase an Additional 8-Site Park Near Current Portfolio. Inquire For Additional Information.
VALES MILL MOBILE HOME PARK – PULASKI, TN
- 27 Total Lots Comprised of 25 Park Owned Homes, 1 Tenant Owned Home and 1 Vacant Lot
- Beginning to Start RTO Contracts on the POHs
- Utilities are Individually Billed For Water & Electric – City Water & Private Septic System
- The Septic Systems Were Recently Completely Updated With New Field Lines Throughout the Property
- Paved Roads
- The Property is Situated on 8.39 Acres
SIMPSON ROAD MOBILE HOME PARK – FAYETTEVILLE, TN
- 18 Total Lots Comprised of 15 Park Owned Homes & 3 Tenant Owned Homes
- Utilities are Master Metered – City Water & Private Septic
- Paved Roads
- The Property is Situated on 5.66 Acres
RIVER ROAD ESTATES – MUSCLE SHOALS, AL
- 27 Total Lots Comprised of 22 Park Owned Homes & 5 Tenant Owned Homes
- Utilities are Individually Billed – City Water & Private Septic
- Paved Roads
- The Property is Situated on 6.08 Acres
In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973
BoR: Tom Gorman – Lic. TN #370394
BoR: Andrew Ackerman – Lic. AL #1089690
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