Temple Rd, Maryville, TN 37804

$455,000

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Sold Price
$455,000
List Price
$459,900
Closing Date
Jan 05, 2024
MLS#
1232784
Status
CLOSED
Type
Multifamily
City
Maryville
County
Blount
Year Built
1998
Subdivision
Temple Mh Park

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.

Additional Information

Construction
Vinyl Siding, Aluminum Siding, Other
Cooling
Central Cooling
Floors
Laminate, Carpet
Garage
Off-Street Parking
Lot Dimensions
IRR
Year Built
1998

Mortgage Calculator

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Calculator source: Real Geeks

Agent: Daniel Blevins |

Office: Blevins Grp, Realty Executives |

Selling Office: .