Soddy Daisy Mobile Home Package

Hamilton County, Soddy-Daisy, TN, 37379
Sold
Listed at: September 30th, 2020
Price
$239,000
Sq. Footage
672
Type
Single-Family
Parking
Assigned
Year build
1969
Lot size
1.00 acres
Bedrooms
8
Bathrooms
8
Half Bathrooms
0
Summary

This is a package of 6 parcels on the same street with 8 mobile homes.


Gross monthly rent is $ 4.790.00


Gross annual rent is $57,480.00

Annual taxes are $ 1,398.58

Annual garbage collection $ 1,404.00

Annual grass cutting (approx) $ 1,200.00


Remainder --------------------> $53,478.00 PER YEAR!


That is a 20% return on your investment. That means you have you initial money back in 5 years! ((Quicker if you raise rents))


Unit #1 - 8903 Nelson Road 12'x70' 3/2

Unit #2 - 1933 Wilkes Avenue 12'x70' 2/2

Unit #3 - 1931 Wilkes Avenue 14'x80' 2/2


Unit #4 - 1929 Wilkes Avenue 14'x80' 2/2

Unit #5 - 1927 Wilkes Avenue 12'x65' 2/1.5


Unit #6 - 1928 A Wilkes Avenue 14'x70' 3/2

Unit #7 - 1928 B Wilkes Avenue 12'x60' 2/1.5


Unit #8 - 8831 Nelson Road. 28'x52' 3/2


Dont drag your feet on this deal investors!


I have a larger package of information and a breakdown on each unit if you are interested.


All mobile homes are still titled and we have those in hand and will convey at closing.


Units are on septic.


Sold as a package only.


All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...please add any commissions on top of my price. What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $5,000 non-refundable deposit (cashiers check) at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of my contract with the seller to the buyer and are held at Rudy Title & Escrow in Nashville, TN

All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...If you are a realtor, please contact us to discuss how we can get you paid! What I am selling is my assignable contract (w/ equitable interest) with the seller of the property. I am not the owner of record.I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. All properties are sold as-is, where is. Buyer must complete all due diligence before submitting an offer and executing any contract. Buyers will need to provide a $5,000 non-refundable deposit at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of our contract with the seller to the end buyer. Buyer to pay $595 closing fee to ezREIclosings for transaction coordination.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

David Olds

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Disposition manager