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102 Claude Simmons Rd 18 Unit Mobile Home Park $1,199,000 ($66,611/Unit) Johnson City, TN 37604
Investment Highlights
- Individually Metered
- High occupancy demand
- Great Johnson City Location
Executive Summary
Well-maintained 18-unit mobile home park offering strong cash flow and solid investment. The park includes 7 park owned homes and 11 tenant owned homes paying lot rent. All lots except one, which has been recently placed, are rented providing immediate income. Each lot is separately metered for water and electricity. This is an ideal asset for investors seeking stable returns. Solid occupancy and demand for affordable housing make this a compelling addition to any portfolio.
Property Facts
| Price | $1,199,000 | Building Class | C |
| Price Per Unit | $66,611 | Lot Size | 5.21 AC |
| Sale Type | Investment | Building Size | 226,948 SF |
| No. Units | 18 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1980 |
| Zoning | R-2 - Low Density Residential | ||
| Price | $1,199,000 |
| Price Per Unit | $66,611 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 5.21 AC |
| Building Size | 226,948 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | R-2 - Low Density Residential |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 052-202.01-203 | Improvements Assessment | $4,100 |
| Land Assessment | $0 | Total Assessment | $4,100 |
Property Taxes
Parcel Number
052-202.01-203
Land Assessment
$0
Improvements Assessment
$4,100
Total Assessment
$4,100
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102 Claude Simmons Rd