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179 Highway 143 Roan Mountain, TN 37687
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Key Details
Sold Price $137,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 9965653
Sold Date 06/21/24
Style See Remarks
HOA Y/N No
Year Built 1994
Lot Size 0.910 Acres
Acres 0.91
Lot Dimensions 39,639
Property Sub-Type Multi-Family
Source Tennessee/Virginia Regional MLS
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!
Location
State TN
County Carter
Community Not In Subdivision
Area 0.91
Zoning Commercial
Direction Traveling Highway 19E towards Roan Mountain. Turn right onto Highway 143. Mobile park home is on the left. See sign.
Interior
Heating See Remarks
Cooling See Remarks
Heat Source See Remarks
Exterior
Parking Features Parking Spaces
View Mountain(s)
Building
Lot Description Level
Sewer Septic Tank
Water Public
Architectural Style See Remarks
Structure Type Metal Siding,Vinyl Siding
New Construction No
Schools
Elementary Schools Cloudland
Middle Schools Cloudland
High Schools Cloudland
Others
Senior Community No
Tax ID 099d B 021.00
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Bought with Andrew White • KW Johnson City
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