Attention investors and prospective buyers! Check out this amazing opportunity that combines a mobile home park and a self-storage unit on a spacious 1.87-acre lot. This property offers incredible income potential with minimal overhead costs.
The self-storage unit consists of 24 doors, and currently, 20 of them are rented, providing immediate cash flow. Recent updates have been made to the storage units, including road signage, properly secured locks, hardware, and partitions for selected units, ensuring enhanced security and functionality.
In addition to the self-storage unit, there are five mobile homes included in the sale, with only one mobile home not conveying. All of the remaining mobile homes are currently rented, guaranteeing steady rental income. These rental units have seen various updates to improve their appeal and functionality, ensuring tenant satisfaction and retention.
The combined income generated by the mobile homes and self-storage units exceeds $4,000 per month, amounting to over $50,000 per year! With such a favorable income stream, the investment holds the potential for significant returns on your investment.
Furthermore, the overhead costs associated with this property are relatively low, allowing for increased profitability. This investment presents an excellent opportunity to add a reliable income stream to your portfolio.
Don't miss out on this remarkable investment opportunity! Contact us today to arrange a viewing or to request further details.
Sold for $455,000 on 01/05/24
$455,000
Temple Rd, Maryville, TN 37804
12beds
9baths
--sqft
Multi Family
Built in 1998
-- sqft lot
$795,200 Zestimate®
$--/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 09, 2024 at 05:10am
Listed by:
Daniel Blevins 865-556-8971,
Blevins Grp, Realty Executives
Bought with:
Leticia Carreto, 349825
MaX House brokered eXp
Source: East Tennessee Realtors,MLS#: 1232784
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Heating
- Central, Electric
Cooling
- Central Air
Features
- Flooring: Laminate, Carpet
Property
Parking
- Parking features: Off Street
Details
- Parcel number: 029 110.01
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Aluminum Siding, Other
Condition
- Year built: 1998
Community & neighborhood
Location
- Region: Maryville
- Subdivision: Temple Mh Park
Other
Other facts
- Listing terms: Cash,Conventional