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0 Battle Way

Newport, TN 37821
  • $699,000
  • STATUS: Active
  • ON SITE: 166 Days
  • ID#: 247728
Price Reduced
UPDATED: 82 min ago
$699,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Na
Type:
Multi-Family
County:
Area:

School Ratings & Info

Listing courtesy of Re/Max Between The Lakes Jeff City.


Description

Sellers are improving investment numbers monthly after taking over from family passing. Each unit has its own electric and water meters. 28 Rental Sites, 22 Mobile Home Pads Occupied, 1 House Occupied, 2 Vacant Trailers being dismantled and 3 Empty Pads. Ability to add more Pads coming off of Cul de Sac. Seller owns 6 Mobile Homes and House. House would be idea for maintenance lodging and office. Convenient to School, City Park and Newport. Sale includes Tax Map 039N, Group A, Parcels 015.01, 016.00, 017.00 & 018.00. Good Investment. CAP (9.6) GRM (9.09). With the empty pads this could allow for another $12,000 annual potential income. Qualified Buyer only please.

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Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2022-08-17T20:15:39.977.
www.realestatewithsuzanne.com/homes/126332958
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0 Battle Way Newport, TN 37821

  • Price: $699,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 82 min ago
  • ID#: 247728
0
Beds
0
Baths
0
½ Baths
3
Acres
Neighborhood:
Na
County:
Cocke
Area:
Newport
Property Description
Sellers are improving investment numbers monthly after taking over from family passing. Each unit has its own electric and water meters. 28 Rental Sites, 22 Mobile Home Pads Occupied, 1 House Occupied, 2 Vacant Trailers being dismantled and 3 Empty Pads. Ability to add more Pads coming off of Cul de Sac. Seller owns 6 Mobile Homes and House. House would be idea for maintenance lodging and office. Convenient to School, City Park and Newport. Sale includes Tax Map 039N, Group A, Parcels 015.01, 016.00, 017.00 & 018.00. Good Investment. CAP (9.6) GRM (9.09). With the empty pads this could allow for another $12,000 annual potential income. Qualified Buyer only please.
Exterior Features

Access County RoadPavedGravel Construction Other Garage Capacity 0.00 Garage Type None Lot Dimensions 1330X219x1330x101

Interior Features

Bonus Rooms No Cooling None Fireplace None Heating Other Number Of Efficiency Units 0 Number Of One Bedroom Units 0 Number Of Three Bedroom Units 0 Number Of Two Bedroom Units 0 Sq Ft Unfinished Basement 0

Property Features

Annual Tax 1968.00 District 06 Hoa Includes Other Hoa YN No Lot Block Unit 1-4* Miscellaneous Cable Tv Multifamily Type Other Multi-Family Occupancy Either Owner Financing No Proposed Financing CashConventional1031 Exchange Rental Rental History Restrictive Covenants No School Bus Service Cocke County Sewer Public Sewer Tax Year 2021 Water Utility Zoning Residential Zoning Entity Other

Copyright 2022 Great Smoky Mountains Association of Realtors. Information deemed reliable but not guaranteed. Listing provided courtesy of Re/Max Between The Lakes Jeff City | Office Phone: 8654757400 .

Copyright 2022 Great Smoky Mountains Association of Realtors. Some of the listings on this website are shown by cooperative agreement, and may not be listings of Suzanne Walls with eXp Realty. Information deemed reliable but not guaranteed. Last updated 2022-08-17T20:15:39.977.
 
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Suzanne Walls with eXp Realty
200 E Broadway Ave Suite 504
Maryville TN, 37804
Listing courtesy of Re/Max Between The Lakes Jeff City.