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221 Country Lane

Church Hill, TN 37642
  • $649,900
  • STATUS: Active
  • ON SITE: 68 Days
  • MLS #: 9938768
UPDATED: 57 min ago
$649,900
  • 0
    BEDS
  • 4.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1994
County:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity and perfect for your 1031 Exchange! $84,540 annual gross income, 10 unit mobile home park with great rental history. All homes are seller owned, and there is believed to be space for at least 2 additional homes for future expansion. 9 units have undergone major renovations, have central heat & air and are fully occupied. A 10th home is in need of renovating prior to being occupied. Tenants pay all utilities including water! Proof of funds and/or pre-approval letter must be provided prior to scheduling a showing.

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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: 2022-08-11T07:00:01.05.
www.conservusrealestategroup.com/homes/129485918
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221 Country Lane Church Hill, TN 37642

  • Price: $649,900
  • Status: Active
  • On Site: 68 Days
  • Updated: 57 min ago
  • MLS #: 9938768
0
Beds
0
Baths
0
½ Baths
4.5
Acres
1994
Built
County:
Hawkins
Elementary School:
Church Hill
Middle School:
Church Hill
High School:
Volunteer
Property Description
Great investment opportunity and perfect for your 1031 Exchange! $84,540 annual gross income, 10 unit mobile home park with great rental history. All homes are seller owned, and there is believed to be space for at least 2 additional homes for future expansion. 9 units have undergone major renovations, have central heat & air and are fully occupied. A 10th home is in need of renovating prior to being occupied. Tenants pay all utilities including water! Proof of funds and/or pre-approval letter must be provided prior to scheduling a showing.
Exterior Features

Exterior Finish Aluminum Siding Lot Dimensions 311X662 Style Other Topography Lot Description LevelSloped

Interior Features

Ac Heat Pump Heating Heat Pump

Property Features

Auction No Building1 Number Units 1 Building2 Number Units 1 Building3 Number Units 1 Building4 Number Units 1 City Taxes 0.00 County Taxes 2864.83 Easements None Foreclosure No Income And Expenses Gross Annual Income 84540 Lot Number 10 Property Condition Above AverageAverage Property Sub Type Multi-Family Short Sale No Water Public Zoning Commercial

Listing information © 2022 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Robin Smith of Kw Kingsport.



© 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: 2022-08-11T07:00:01.05.
 
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Conservus Real Estate Group
402 East Main Street
Kingsport TN, 37660