EZ Lane MHP

Link to Deal Room and Financials: https://www.​marcusmillichap.​com/properties/168164/ez-lane-mhp

Marcus & Millichap has been selected to exclusively market for sale the EZ Lane MHP in Manchester, TN.​ This offering will allow a potential investor to purchase a rare value-add opportunity located in middle Tennessee.​

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close.​ The purchase terms shall require all cash to be paid at closing.​

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE EZ LANE MHP.​

• Located a mile from Interstate 24 providing access to Chattanooga and Nashville, TN

• Convenient access to nearby groceries, dining, and shopping

• $33,189 Spent on capital improvements in the past 48 months

• Some units have been completely remodeled in the past 3-4 years

• In 2023, approximately 100 tons of gravel has been regraded to fill in potholes and to ensure proper drainage

• Large lot sizes

• Majority of homes are late 1980’s-1990’s models

• Each mobile home is provided with a range and refrigerator

• Lots are individually metered for water

• Tenants are responsible for trash removal

• Each trailer has its own individual septic tank