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102 Claude Simmons Road

Johnson City, TN 37604
  • $725,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 9938699
UPDATED: 79 min ago
$725,000
  • 0
    BEDS
  • 5.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

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.

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© 2022 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: 2022-07-05T12:59:55.2.
www.easttennesseehomepros.com/homes/129409907
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102 Claude Simmons Road Johnson City, TN 37604

  • Price: $725,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 79 min ago
  • MLS #: 9938699
0
Beds
0
Baths
0
½ Baths
5.21
Acres
1980
Built
Neighborhood:
Nw Johnson City
County:
Washington
Area:
Nw Johnson City
Property Description
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.
Exterior Features

Exterior Finish See Remarks Lot Size See Acreage Road Access Private RoadSee Remarks Roof See Remarks

Interior Features

Ac See Remarks Heating See Remarks Total Sqft Finished 0.00 Total Sqft Unfinished 0.00

Property Features

Annual Lease Amount 84060.00 Auction No Business Type Mobile/Trailer Park City Taxes 0.00 County Taxes 1127.46 Development Status Infrastructure In Electric Service See Remarks Financing CashConventional Foreclosure No Info Available See Remarks Other Equipment OtherSee Remarks Restrictions See Remarks Sale Includes Fee Simple Sewer See RemarksSeptic Tank Short Sale No Water Public Zoning Residential

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Garrett Addington of The Addington Agency Bristol.



© 2022 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: 2022-07-05T12:59:55.2.
 
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The Lusk Team | Evans & Evans Real Estate
2685 Boones Creek Rd. Ste.104
Johnson City TN, 37615