Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Commercial Sale

Sub Type:

MLS Number: 9997857

Lot Acreage: 1.70000

Living Area: 0

Year Built:

Elementary School:

Middle School:

High School:

Public Remarks: Excellent investment opportunity on 1.7 acres in Morristown, TN. This income-producing property offers ash flow with significant upside potential for expansion and increased returns. The property includes 11 total lots with 7 single-wide mobile home units conveying with the sale. Currently, 4 units are rented at $725 per month each, producing $2,900 in monthly income. Three additional units are vacant and ready for updates, offering immediate value-add potential. In addition, there are 4 vacant lots that may be used for additional rental units or lot rentals, providing multiple opportunities for future development and increased income. Each of the 11 spaces is equipped with electric and septic hookups. The owner currently covers water for the property, while tenants are responsible for their own electric service. Units are approximately 2 bedrooms and 1 bathroom, with an estimated size of 14x50 (buyer to verify), and some include washer/dryer hookups and window heat/air units. This property presents a strong combination of current income and future growth potential through renovations, filling vacancies, or expanding the number of units on site. All information is to be verified by the buyer and buyer's agent.

Listing Courtesy:Greater Impact Realty Jonesborough

More Listing Info:

AC:Window Unit(s): true

Business Type:MobileTrailer Park: true

Contract Info:Foreclosure: No

Development Status:Cleared2: true

Development Status:Finished Lot(s): true

Development Status:Infrastructure In: true

Electric Service:220 Volts: true

Exterior Finish:Metal Siding: true

Exterior Finish:Vinyl Siding: true

General Property Description:Acres: 1.7

General Property Description:Annual Lease: 0.0

General Property Description:HOA YN: No

General Property Description:Lease: No

General Property Description:Lot Size2: See aerials

General Property Description:Total SqFt Finished: 0.0

General Property Description:Total SqFt Unfinished: 0.0

General Property Description:Zoning2: A-1

Heating:Central: true

Heating:Electric: true

Heating:Other12: true

Info Available:Aerial: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 45.31

Location Tax Legal Info:Deed Book #: 2065

Location Tax Legal Info:Deed Page #: 169

Other Equipment:See Remarks38: true

Property Condition:Average: true

Property Condition:Below Average: true

Property Condition:Fixer: true

Remarks Misc:Directions3: From Johnson City head down i-26 to exit 8A. Merge on 81 drive 45 miles to ext 12. Turn right off exits continue 5.2 miles to Sulphur Springs Rd turn left. In .6 miles turn left on Mae Collins Rd. Property will be on left there is a circle driveway.

Remarks Misc:Public Remarks7: Excellent investment opportunity on 1.7 acres in Morristown, TN. This income-producing property offers ash flow with significant upside potential for expansion and increased returns. The property includes 11 total lots with 7 single-wide mobile home units conveying with the sale. Currently, 4 units are rented at $725 per month each, producing $2,900 in monthly income. Three additional units are vacant and ready for updates, offering immediate value-add potential. In addition, there are 4 vacant lots that may be used for additional rental units or lot rentals, providing multiple opportunities for future development and increased income. Each of the 11 spaces is equipped with electric and septic hookups. The owner currently covers water for the property, while tenants are responsible for their own electric service. Units are approximately 2 bedrooms and 1 bathroom, with an estimated size of 14x50 (buyer to verify), and some include washer/dryer hookups and window heat/air units. This property presents a strong combination of current income and future growth potential through renovations, filling vacancies, or expanding the number of units on site. All information is to be verified by the buyer and buyer's agent.

Restrictions:See Remarks34: true

Road Access:County Road: true

Roof:Metal3: true

Roof:Shingle: true

Sale Includes:See Remarks35: true

Sewer:Septic Tank: true

Utilities:Electricity Available: true

Utilities:Other31: true

Utilities:Water Connected: true

Water:Public: true