Johnson City Mobile Home Park
Multi-Family
for Sale
| Catylist Listing ID: |
30805403 |
| Property Subtypes: |
Mobile Home Park
|
| Number of Units: |
See Agent |
| Building Size (RSF): |
600 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$725,000 |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/3/2022 |
Overview / Comments
|
ATTENTION INVESTORS!! Looking for a profitable investment? Generating a lucrative return, this 18 unit mobile home park has it all! Equipped with 19 pads that are currently 95% occupied, and metered separately for water, and electric; this park comes with an established tenant base along with a 5+ acre tract located in the heart of Jonesborough off of Claude Simmons and W Market St. There are currently 7 mobile homes that are owned, along with 1 that is being RTO, and the remaining 10 units pay lot rent only. Conveniently located, and priced to sell at 10% cap rate; this investment opportunity will not last long at $725k. Call today to schedule your appointments! Rent roll is uploaded on MLS. All information contained herein is deemed reliable but gathered from tax records and homeowner and is subject to buyers verification.
|
Additional Details
| Nearest MSA: |
Johnson City |
| County: |
Washington |
| Tax ID/APN: |
090 052 20201 000 2020 |
| Percent Occupied: |
95% |
| Property Located Between: |
Jonesborough and Johnson City |
| Highway Access: |
Less than a mile from 11E |
| Total Number of Buildings: |
19 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,844 |
25,251 |
63,922 |
| Median Age: |
40.44 |
40.78 |
40.14 |
| Households: |
1,851 |
10,957 |
26,915 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Northeast Tennessee Association of REALTORS® nor
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