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480 Ford Creek Road, Johnson City, TN 37615

$48,936+/Acre

Commercial property for sale

Added: 08/17/2011
Last Update: 07/03/2013
480 Ford Creek Road Johnson City, TN 37615 US
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Contact info

  • 423-534-5050 [Office] 

Description

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 Building price details: $230,000.

Property Details

  • Type: Land
  • Use Types:Multi-Family
  • Status: Available
  • Lot Size: 4.700 Acres
  • MSA: Johnson City

Terms

  • Cash to Seller 

Map Locations