Green Acres MHC
Union City, TN
Asking price
Price on request
Sites
10
Cap rate
—
Price / site
—
About this property
Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents the offering to acquire the Green Acres MHC, a 107-total site mobile home community located in Union City, Tennessee. The park is located off US 51, with convenient access to surrounding retail, dining, is less than 5 minutes from the 100,000 sf Discover Park of American museum and heritage park, drawing 275,000 visitors annually and a wide array of outdoor recreation attractions. The region’s manufacturing - driven employment base, relatively affordable home prices, and continued need for workforce housing, create favorable conditions for manufactured housing communities and is well-positioned to support increased occupancy and durable cash flow for investors. With 62% current occupancy, Green Acres offers significant infill upside in a market where homes are being leased without marketing. The opportunity provides day one cash-flow with significant NOI upside with continued infill and rent increases. Investment highlights Green Acres positioning offers many advantages: Strong demand shown by growing occupancy despite owner not bringing in new homes. Located adjacent to a mobile home dealer providing source of home supply for faster and cheaper lease up. Offering does not include MH dealer. Located less than 5 minutes from downtown Union City, TN which is a hub for an expanding industrial sector centered on food processing and diversified manufacturing. Upside includes lease up of 9 vacant park-owned homes, infill of 32 vacant sites, increase rents once occupancy is stabilized and eliminate loss to lease on 10 sites, and sell off 40 park-owned homes to the tenants. https://www.crexi.com/properties/2710020/tennessee-green-acres-mhc
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | Price on request |
|---|---|
| Sites | 10 |
| Address | 811 West Reelfoot Avenue |
| First seen by UnitListed | Oct 6, 2026 |
| Source page last checked | Oct 6, 2026 |
| Source last changed | Oct 6, 2026 |
Trade area · Obion, TN
5 of 6 availableContext about the county from the public record — not from the seller, and not a valuation. The seller's own figures are shown separately above and are never mixed with these.
Census records no rv parks and campgrounds in Obion, TN, a county of 30,570 residents.
- Mapped competitors within 25 miles
- 18
- Residents per competing facility
- —
- Renter-occupied housing
- 32.9%
- Median SBA loan approved, this asset class
- $529,000
- SBA loans in this industry that charged off
- 0%
- FEMA composite risk rating
- Relatively Moderate
OpenStreetMap contributors · current
Census records no rv parks and campgrounds establishments in this county, so there is no ratio to compute. That can mean an unserved market or a county too small for Census to disclose.
US Census County Business Patterns + ACS · 2022 · county level
US Census ACS 5-year, table B25003 · 2023 · county level
SBA 7(a) and 504 FOIA loan disclosures · FY2011-FY2026 · state level
SBA 7(a) and 504 FOIA loan disclosures · FY2011-FY2026 · state level
FEMA National Risk Index · 2025 · county level
SBA figures are loan amounts approved, not sale prices — a loan covers only the financed part of a purchase, and most acquisitions are financed conventionally and never appear here. They describe what lenders committed to comparable businesses in this county, not what this property is worth.
Sources: US Census Bureau (County Business Patterns, American Community Survey), US Small Business Administration 7(a)/504 loan disclosures, FEMA National Risk Index, and © OpenStreetMap contributors. Public records describe a county, not this property.
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Asking price — not disclosed
What is the asking price, and is it firm or inviting offers?
Everything else is measured against it. A price on request is normal, but it means you cannot screen this against your budget yet.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Currency of the asking price — disclosed
Site count and hookup mix — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Oct 6, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Oct 6, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
