$315,000
$315,000
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6.42 Acres Lot
SOLD DATE : 03/07/2023
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 9941074
Sold Date 03/07/23
Style See Remarks
Originating Board Tennessee/Virginia Regional MLS
Lot Size 6.420 Acres
Acres 6.42
Lot Dimensions 1129x450
Property Description
ATTENTION INVESTORS!!!!
Looking for a profitable investment? This property has a nice projected return, this 24 lot mobile home park currently sits with 16 occupied pads and the current owners own 2 trailers. 1300 South Buffalo St is just right outside the city of Erwin. This place is ready for someone to make this place their own. With nearly a 9% cap rate; this opportunity of investment will not last long at $375k, Call today and schedule your appointments! All information contained herein is deemed reliable but gathered from tax records and homeowner and is subject to buyers verification.
Location
State TN
County Unicoi
Community Not In Subdivision
Area 6.42
Zoning R
Direction From Johnson City TN, take exit 37 onto Jonesborough Rd, turn left onto S Buffalo st, you will go through the first stop sign then the mobile home park will be on your right
Interior
Heating Natural Gas
Cooling Other
Heat Source Natural Gas
Exterior
Garage Gravel
View Mountain(s)
Parking Type Gravel
Building
Lot Description Level, Cleared
Sewer Septic Tank
Water Public
Architectural Style See Remarks
Structure Type See Remarks
New Construction No
Schools
Elementary Schools Rock Creek
Middle Schools Unicoi Co
High Schools Unicoi Co
Others
Senior Community No
Tax ID 023057.01
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Craig Shelton • REMAX Checkmate, Inc. Realtors