Contact Information

Property Description

Located in the Lynn Garden section of Kingsport, With addresses of 213 thru 237 Emmett Street, the property contains 11 mobile homes on 8 parcels, 8 homes are occupied with rent incomes totaling $3,230 a month. All rental agreements are on 30 days however two of the tenants have been there over 25 years.Tenant is responsible for electric,water,and trash Owner pays the property taxes and is responsible for maintenance but renters are responsible for their own utilities. Seller would consider owner financing up to 20% of the asking price with proper credentials.Sale of all the properties will be "as is" with no warranties.

Location

Pass Dairy Queen in Lynn garden on right and turn left on the 2nd street Broadview street where the barbershop and carlot is and go up the hill to the top and turn left onto Highview ave stay on that rd and it becomes emmett st it is a dead end road the address is 233 Emmett Street Kingsport TN 37665

Mobile Home Park Details

  • Price: $236,900
  • Purchase Method: Cash, Seller Financing
  • Property ID: 1010412
  • Posted on Nov 25, 2018
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Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 75.0 %
Year Built: 1986
Average MH Lot Rent: $450
Size: 1.6 acre(s)

Lot Information

Singlewide Lots: 11

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $450

Map

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