Pebble Beach Mobile Home Park

MHP Brokerage is pleased to exclusively market Pebble Beach Mobile Home Park. Located on 9.84 acres in scenic Dunlap, Tennessee, Pebble Beach Mobile Home Park offers a mix of income-generating units and substantial potential for expansion, with the possibility to add up to 20 additional mobile homes. This property is an attractive asset for investors seeking long-term growth with value-add upside at an attractive basis, all while getting great cash flow. 

Dunlap is a rapidly growing community in the heart of the Sequatchie Valley, with convenient access to Chattanooga TN.

All 17 of the current homes are park-owned, there are 3 tenants on the SETHRA program and new vouchers are being placed at $1,150 per month. Market rate tenants are paying around $600 per month on it’s occupied units. 5 units are currently vacant. The new buyer will have the opportunity to renovate and re-lease. Tenants pay their own electricity, while the owner currently covers water and has the opportunity to bill back.

Gross potential income without adding any trailers is north of $15,000 per month. If all trailers were added and SETHRA vouchers were utilized this park can generate north of $30,000 per month.