$234,900

123 Street Lane #3

Hampton TN, 37658

Description

This income producing property offers a unique investment opportunity with all it has to offer. This income producing trailer park currently consist of a 3.1 acre tract that sits directly on the Doe River with well over 400 feet of direct river frontage. Currently, there is a 3 bedroom, 2 bath double wide that is currently rented for $750.00 per month. Additionally, there are 2 single wide mobile homes with one being rented for $475.00 per month and the other for $450.00 per month. This property has a completely level topography allowing for additional mobile home spots subject to county and state approval which would only increase the monthly cash flow. This property features 2 nice barns and has a well on the property that services 2 single wide trailers and was dug at a depth of 678 feet. The double wide is serviced by Hampton Utility Water. Each mobile home is on its own separate electric meter. Each single wide has its own new metal roof. It is a rare opportunity to find land that lays as level as this, directly on the river. This property has a nice monthly cash flow with a great possibility of great monthly returns. This property is being sold as is. All information and square footage are subject to buyer verification.

Details

MLS#425503
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1974
Days On Site171

Features

Building(s)3

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Area Information

StateTN
CountyCarter
CityHampton
Zip Code37658
Area314 - Carter County
Listing VS Median (in 37658)
Price:
$234,900
low | high
Med:
$69,000
100% of Average
On Site:
171
low | high
Med:
168
100% of Average
Listing Updated: 01/23/2020
MLS Number: 425503
Listing Provided By:
JAY CROCKETT  of  REMAX CHECKMATE INC. REALTORS

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