37821 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer For Sale a Green Meadows MHP Asset Located at 116 Country View Way in Newport, TN. This Deal Includes a Value-Add Opportunity By Bringing Rents to Market Rate (Rents Are Currently at 85% of Market Rate), Fixing Up Paved Road and Infilling the Vacant Lot, Providing For a Secured Investment.

35 Total Sites: 34 TOH, 1 Vacant Lot
Utilities: City Water and Septic 1:1
10.22 Acres With Paved Lots and Space to Do More Additional Work if Zoning Permits it
At Market Rents Park Grosses $163,800 a Year, Bringing Cap Rate Up to 9% +
Value-Add Opportunity By Bringing Rents to Market Rate (Rents Are Currently at 85% of Market Rate), Fixing Up Paved Road and Infilling the Vacant Lot
Direct View of The Great Smokey Mountains

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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