TIMBERLAKE MOBILE HOME PARK

Multi-Family for Sale
Catylist Listing ID: 29644267
Property Subtypes: Mobile Home Park
Number of Units: 11 Units
Building Size (RSF): 11,000 SF
Gross Building Area: See Agent
Gross Land Area: 5.57 SF
Sale Price: $459,000
Unit Price: $41,727.27 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 912.0%
Last Updated: 10/2/2017

Overview / Comments

ATTENTION INVESTORS AND DEVELOPERS! OPPORTUNITY IS KNOCKING! Own your own Mobile Home Park, in the heart of North Johnson City, with awesome views and an even greater potential for future development. This Mobile Home Park, sitting on approximately 5.57 Acres offers 3 Mobile Home Rental Spaces, 6 Singlewide Mobile Homes, 1 Doublewide Mobile Home and a One-story Frame Residence. Tenants pay all Utilities. No City Taxes. Property produces gross $4855 per month. This listing includes all of the following addresses: 4066, 4068, 4070, 4072, 4074, 4076, 4078, 4080, 4084, 4088, and 4090 Timberlake Road. Information Packets are available! PROPERTY LEASED, SHOWN BY APPOINTMENT ONLY. ALL INFORMATION HEREIN WAS FURNISHED BY OTHERS, IS NOT GUARANTEED, AND IS STRICTLY SUBJECT TO BUYER VERIFICATION.

Additional Details

Nearest MSA: Johnson City
County: Washington
Taxing Authority: Washington County
Tax ID/APN: 029-027.00
Zoning: A-1
Market Type: Medium
Property Located Between: Bristol Hwy. and North Roan Street
Side of Street: Northeast
Road Type: Paved
Property Condition: Average
Parking Type: Surface
Lot Frontage: 911

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,466 24,776 66,485
Median Age: 39.54 43.44 41.06
Households: 2,519 10,774 28,964

Contact

Photograph of Listing Agent

Bill Hawk

Re/Max Checkmate, REALTORS Commercial
NETAR CMLS Member
© Copyright Northeast Tennessee Association of REALTORS┬«. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Northeast Tennessee Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.