$455,000
$459,900
1.1%For more information regarding the value of a property, please contact us for a free consultation.
Temple Rd Maryville, TN 37804
Key Details
Sold Price $455,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Temple Mh Park
MLS Listing ID 1232784
Sold Date 01/05/24
Originating Board East Tennessee REALTORS® MLS
Year Built 1998
Lot Dimensions IRR
Property Description
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.
Location
State TN
County Blount County - 28
Rooms
Other Rooms Mstr Bedroom Main Level
Interior
Heating Central, Electric
Cooling Central Cooling
Flooring Laminate, Carpet
Heat Source Central, Electric
Exterior
Parking Features Off-Street Parking
Garage Description Off-Street Parking
Roof Type Shingle
Garage No
Building
Faces Head northeast on W Broadway Ave toward N Houston St, Turn right onto W. Lamar Alexander Pkwy, turn left onto S Washington St, Turn right onto High St,Continue onto US-411 N/Sevierville Rd, Turn Right onto Temple Rd and Designation will be on your right. Property is directly behind the Dollar General. Type 112 Temple Rd into your GPS
Structure Type Vinyl Siding,Aluminum Siding,Other
Others
Restrictions No
Tax ID 029 110.01
Energy Description Electric
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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