MLS# 312432

480 Ford Creek Road, Johnson City, TN 37615

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Mobile Home Park Type: Other Buildings: 6 Unit: - Category: Multi-Family

FOR SALE

Price: $230,000 Price Per SqFt: List Date: 2011-09-28 DOM: 598
City Tax: $0 County Tax: $1,211

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Year Built: 1975 Lead-based paint issues may exist

Acreage: 4.7 Topography: Rolling

A/C: Other See Remarks Water/Sewage: Sewer-Septic, Water-Public

Description

INCOME PRODUCING PROPERTY! SIX UNIT MOBILE HOME PARK WITH 4.7 ACRES IN GRAY, TN! The Park owns the 6 Mobile Homes with each Unit (2BR-1BA) sitting on approx. 0.5 Ac. Lot with a 10' X 12' storage bldg. Tenants pay all utilities and are responsible for own yard maintenance. Owner pays Taxes ($1211/Yr.) and Insurance ($1060/Yr.). Gross Income $2400/MN., $28,000/Yr. Opportunity is knocking for the Investor that wants to own their own small Mobile Home Park. Investor gains in two ways.....rental income monthly and the appreciation of the value of the property in this great location. This may be the Best Time to Buy Investment Property in Our Lifetime! More Financial Details and Other Info is available. ALL INFORMATION HEREIN WAS FURNISHED BY OTHERS, IS NOT GUARANTEED, AND IS STRICTLY SUBJECT TO BUYER VERIFICATION.