Dayton Mobile Home Park Investment Opportunity
Mobile Home Park | 12.23% CAP | 14 Pads
Marketing description
250 Ridgeside Dr, Dayton, TN & 2436 Pierce Hill Rd, Dayton, TN
Mobile Home Park Investment Opportunity. Over $150,000 in recent improvements made!
Turnkey mobile home park producing consistent income in the growing Dayton market with value add and expansion opportunity. Currently generating approximately $12,800/month (and increasing) gross rent across tenant-occupied units. High demand, property fully occupied and robust waitlist. Public utilities, low overhead, and strong rental history. Located near downtown Dayton, Rhea Medical Center, and major employers like La-Z-Boy. Ideal for investors seeking stable returns in a supply-constrained affordable housing market.
Includes 3 units on Pierce Hill Rd
Investment highlights
Mobile Home Park Investment Opportunity in Dayton, TN!
Exceptional turnkey mobile home park generating steady income in the growing and supply-constrained Dayton rental market, with $150k of capital improvements including paint, LVP flooring, remodels, new HVACs, etc. The property features strong occupancy, minimal overhead, and dependable performance. Strategically located near downtown Dayton, Rhea Medical Center, and major employers. An ideal opportunity for investors seeking reliable cash flow and upside.
- Units: 14 (POH)
- CAP RATE: 12.23%
- Value Add
- Pro-Forma CAP Rate: 14.60%
- High demand - waiting list
- Expansion opportunity
- Public water and power, private sewer
- Price: $935,000
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