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179 Highway 143

Roan Mountain, TN 37687
  • $149,900
  • STATUS: Active Under Contract
  • ON SITE: 18 Days
  • MLS #: 9965653
Under Contract
UPDATED: 187 min ago
$149,900
  • 0
    BEDS
  • 0.91
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Manufactured Home
Built:
1994
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investors take notice of this great opportunity for rental income! This Mobile Home Park features 4 mobile home lots that are all currently rented. This park has been well maintained and is set up for each tenant to pay their own utilities. Each lot has its own septic system. This park is currently bringing in $1,400 per month. Each tenant pays their own property taxes. Lot-1 Tenant currently has a life estate and is paying $100.00 per month maintenance fee. The Park will retain home when life estate has ended. Lot-2 Park owned singlewide is renting for $800.00 per month. This home has a new metal roof that was installed in April 2024. Lot 3- Lot rent is $275.00 per month. Currently incentivized to $175.00 per month for handling all mowing at the Park. Lot 4- Lot rent is $325.00 per month. Investment properties with such a quick return are a rare find in today's market. All information and square footage are subject to buyer verification. Please do not disturb the tenants!

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© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-05-29T06:59:56.43.
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179 Highway 143 Roan Mountain, TN 37687

  • Price: $149,900
  • Status: Active Under Contract
  • On Site: 18 Days
  • Updated: 187 min ago
  • MLS #: 9965653
0
Beds
0
Baths
0
½ Baths
0.91
Acres
1994
Built
Neighborhood:
Not In Subdivision
County:
Carter
Elementary School:
Cloudland
Middle School:
Cloudland
High School:
Cloudland
Property Description
Investors take notice of this great opportunity for rental income! This Mobile Home Park features 4 mobile home lots that are all currently rented. This park has been well maintained and is set up for each tenant to pay their own utilities. Each lot has its own septic system. This park is currently bringing in $1,400 per month. Each tenant pays their own property taxes. Lot-1 Tenant currently has a life estate and is paying $100.00 per month maintenance fee. The Park will retain home when life estate has ended. Lot-2 Park owned singlewide is renting for $800.00 per month. This home has a new metal roof that was installed in April 2024. Lot 3- Lot rent is $275.00 per month. Currently incentivized to $175.00 per month for handling all mowing at the Park. Lot 4- Lot rent is $325.00 per month. Investment properties with such a quick return are a rare find in today's market. All information and square footage are subject to buyer verification. Please do not disturb the tenants!
Exterior Features

Architectural Style See Remarks Attached Garage YN No Construction Materials Metal SidingVinyl Siding Parking Features Parking Spaces View Mountain(s)

Interior Features

Building Area Total 0 Cooling See Remarks Heating See Remarks

Property Features

Body Type Double WideSingle Wide Body Type Double Wide Yes Body Type Single Wide Yes Construction Manufactured Yes Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Documents Available [] Easements Flood Zone Yes Home Warranty YN No New Construction YN No Property Condition Above Average Property Sub Type Multi-Family Sewer Septic Tank Water Source Public Zoning Commercial

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Ashley Eastridge of Collins & Co. Realtors & Auctioneers: 423-543-5741.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-05-29T06:59:56.43.
 
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Bridge Pointe Real Estate
504 E Jackson Blvd
Jonesborough TN, 37659