$400,000
$450,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
1,236 SqFt
SOLD DATE : 08/22/2022
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,236 sqft
Price per Sqft $323
MLS Listing ID 9935522
Sold Date 08/22/22
Total Fin. Sqft 1236
Originating Board Tennessee/Virginia Regional MLS
Year Built 1920
Lot Size 14.000 Acres
Acres 14.0
Lot Dimensions See Acres
Property Description
INVESTMENT OPPORTUNITY!! This is a great income-producing rental property. Conveniently located and easy to access. The property consists of a mobile home park with 17 slots (land only), three storage units with an office building and a 2BR/1BA house. The three storage units consist of units that are 5x5 ($25/mo), 5x10 ($30/mo), 10x10 ($40/mo), 10x15 ($50/mo) and 15x15 ($60/mo). There are a total of 61 storage units. Four of the units are currently being used by the seller. The remainder of the units are fully rented. There is a small office building that is perfect for managing the rental units. Beside the storage units, there is 2BR/1BA house that is currently rented until February 2023 for $600 per month. Inside the home you will find a large entryway with hardwood flooring that leads to the living room. There is an eat-in kitchen that also leads to the back porch. There are two large bedrooms and a full bath with laundry. The mobile home park consists of 17 slots with four of them not currently rented. Each slot rents for $105-130 per month. The seller does not own the mobile homes. The rental units are located on approximately 14 +/- acres (according to the deed) and are a great business opportunity. Two parcel's included: 048 144.00 and 048 145.00. Buyer/buyer's to verify all info.
Location
State TN
County Johnson
Area 14.0
Zoning Commercial
Direction From Mountain City, take Hwy 421, turn left onto Crossroads Drive, property will be on the left, see sign
Interior
Cooling None
Equipment Range
Exterior
Roof Type Metal
Road Frontage City Street
Building
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding
New Construction No
Others
Senior Community No
Tax ID 048 145.00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Jackson Yates • Allen Yates Realty
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