Description
Mobile Home Park, 2189 Hwy 81 S, Jonesborough, TN 376591.42 acresAnnual Income $11,100: 5 lots x $185 a month rent = $925 a month x12 months = $11,100 a yearCap Rate 8%The only fixed expense is the annual property tax which was $427 in 2020.All mobile homes are owned by the residents.Residents pay their own utilities & are responsible for all exterior maintenance to include lawn service, trash and snow removal.Water service is from Town of Jonesborough.There is septic on property. No city sewer is available at this time. ''Some information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accurate. Buyer(s) must verify all information.''
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0BEDS
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1.42ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Mobile Home Park, 2189 Hwy 81 S, Jonesborough, TN 376591.42 acresAnnual Income $11,100: 5 lots x $185 a month rent = $925 a month x12 months = $11,100 a yearCap Rate 8%The only fixed expense is the annual property tax which was $427 in 2020.All mobile homes are owned by the residents.Residents pay their own utilities & are responsible for all exterior maintenance to include lawn service, trash and snow removal.Water service is from Town of Jonesborough.There is septic on property. No city sewer is available at this time. ''Some information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accurate. Buyer(s) must verify all information.''
© 2021 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2021-04-10T23:59:59.133.