480 FORD CREEK ROAD, Johnson City, TN 37615  

Price
$ 230,000
MLS#
312432
Nearby Amenities information supplied by Bing
Property Details

INCOME PRODUCING PROPERTY! SIX UNIT MOBILE HOME PARK WITH 4.7 ACRES IN GRAY, TN! The Park owns the 6 Mobile Homes with each Unit (2BR-1BA) sitting on approx. 0.5 Ac. Lot with a 10' X 12' storage bldg. Tenants pay all utilities and are responsible for own yard maintenance. Owner pays Taxes ($1211/Yr.) and Insurance ($1060/Yr.). Gross Income $2400/MN., $28,000/Yr. Opportunity is knocking for the Investor that wants to own their own small Mobile Home Park. Investor gains in two ways.....rental income monthly and the appreciation of the value of the property in this great location. This may be the Best Time to Buy Investment Property in Our Lifetime! More Financial Details and Other Info is available. ALL INFORMATION HEREIN WAS FURNISHED BY OTHERS, IS NOT GUARANTEED, AND IS STRICTLY SUBJECT TO BUYER VERIFICATION.

Listing Type
Multi-Family
Listing ID
312432
Lot Size
4.70 acres
Listing Status
Active
Year Built
1975
County
Washington
School District 1
GRAY
School District 2
GRAY MIDDLE
School District 3
DANIEL BOONE
Zoning
-
Listing courtesy of REMAX CHECKMATE, INC. REALTORS
Price History
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Date Event Change Price
6/18/2012 Price change $-10,000 (-4.2%) $230,000
6/13/2012 Price change $-5,000 (-2%) $240,000
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Listing Information Provided By: RE/MAX RESULTS
1567 N Eastman Rd Ste 14 Kingsport, TN 37664 | Phone: (423) 247-8121
EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.