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102 Claude Simmons Road, Johnson City, TN 37604 - $1,199,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Other MLS Number: 9989693
Living Area: 0 Lot Acreage: 5 Year Built:
Elementary School: Jonesborough Middle School: Jonesborough High School: David Crockett
Property Description
Well-maintained 18-unit mobile home park offering strong cash flow and solid investment. The park includes 7 park owned homes and 11 tenant owned homes paying lot rent. All lots except one, which has been recently placed, are rented providing immediate income. Each lot is separately metered for water and electricity. This is an ideal asset for investors seeking stable returns. Solid occupancy and demand for affordable housing make this a compelling addition to any portfolio. No seller financing available.
Listing Status
Active
  • More Listing Info
    AC:See Remarks11true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Vinyl Sidingtrue
    General Property Description:Acres5.21
    General Property Description:Elementary School3Jonesborough
    General Property Description:High School3David Crockett
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions5.21 acres
    General Property Description:Middle School2Jonesborough
    General Property Description:Total Units18
    General Property Description:Zoning2MHP
    Heating:See Remarks10true
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes2066.85
    Location Tax Legal Info:Deed Book #R1120
    Location Tax Legal Info:Deed Page #I1138
    Property Condition:Above Averagetrue
    Property Condition:Averagetrue
    Remarks Misc:Directions3Towards Jonesborough on 11E/Market St, turn right on Claude Simmons Rd, then immediately veer left into the park. Sign at road.
    Remarks Misc:Public Remarks7Well-maintained 18-unit mobile home park offering strong cash flow and solid investment. The park includes 7 park owned homes and 11 tenant owned homes paying lot rent. All lots except one, which has been recently placed, are rented providing immediate income. Each lot is separately metered for water and electricity. This is an ideal asset for investors seeking stable returns. Solid occupancy and demand for affordable housing make this a compelling addition to any portfolio. No seller financing available.
    Structure Type:Manufactured Housetrue
    Style:Other53true
    TopographyLot Description:Slopedtrue
    Unit 1:# Units18
    Unit 2:# Units20
    Unit 3:# Units30
    Unit 4:# Units40
    Utilities:Electricity Connectedtrue
    Utilities:Water Connectedtrue
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
KW Kingsport
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