Carters Crossing

424 Carters Valley Road, Rogersville, TN 37857

Price: $1,050,000.00

Community Overview

MH Pro Group is pleased to exclusively offer Carter’s Crossing MHP, a 30-pad manufactured housing community located in the heart of Rogersville, Tennessee. This well-positioned property consists of 24 park-owned homes, five tenant-owned homes, and one stick-built house. Currently, four of the park-owned homes are vacant, presenting a clear opportunity to increase occupancy and drive additional revenue. Further upside can be achieved through strategic rent adjustments, making Carter’s Crossing an attractive value-add investment. Utilities are efficiently managed with public water service billed directly to tenants, while each pair of units shares a septic tank (15 tanks total). Tenants are responsible for off-site trash disposal, resulting in lower management responsibilities. Situated within the Tri-Cities region and conveniently located just off Interstate-81 between Knoxville and Kingsport, Carter’s Crossing provides excellent access to major transportation corridors and local amenities. This offering represents a compelling chance to capitalize on growth in a dynamic market while enjoying the benefits of a stable, income-producing community.

Community Details

Pad Count: 30

Occupancy: 87%

Park Owned Home Count: 24

Tenant Owned Home Count: 5

Sewer: Private (Septic | 2:1)

Water: Public (Direct Bill)

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CONFIDENTIALITY AGREEMENT

THIS IS INTENDED TO BE A LEGALLY BINDING AGREEMENT.

The information contained on this website is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from MH Pro Group, LLC and distribution to any other person or entity without the express written consent of MH Pro Group, LLC is strictly prohibited. This website provides summary, unverified information to prospective purchasers, and has been prepared to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. MH Pro Group, LLC has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. MH Pro Group, LLC has not made any investigation, and makes no representation or warranty, that the information on this website has not changed since it was originally prepared and posted. The information contained on this website has been obtained from sources we believe to be reliable; however, MH Pro Group, LLC has not verified, and will not verify, any of the information contained herein, nor has MH Pro Group, LLC conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.