369 Garrison Hollow Road Elizabethton, TN 37643

$349,900
369 Garrison Hollow Road, Elizabethton, TN 37643
Call 1-800-839-1363
393363

Multi-Family Home for sale in Elizabethton, TN

for $349,900. This home was built in 1984 on a lot size of 3.42 Acre(s).

Property Information

  • $349,900
  • Multi-Family
  • Mobile Home Park/Land
  • Active
  • 1 Floors
  • Lot size of 3.42 Acre(s)
  • Built in 1984
  • Elizabethton, TN
  • Carter County
  • MLS/Web ID is 393363
  • Just Listed

 Virtual Tour

Description

Well established mobile home park, located in the Valley Forge/Siam Community, with all mobile homes included with the sale. There are 4 double wide mobile homes and 5 single wide mobile homes included in the sale. THIS IS A MONEY MAKING PROJECT, with tenants paying a total of $4, 110 per month in rent, and each unit individually metered for electricity and water, meaning no utility costs for the owner. ATTRACTIVE OWNER FINANCING AVAILABLE! Seller will finance the sale with $50, 000 down from buyer, balance at 6% interest for 12 years. Monthly payment of $2, 927. This investment property can be purchased, financed by the seller, and will generate instant profit for the buyer. In addition, there is one vacant lot within the Park with septic and water in place. Opportunity for buyer to install a 10th unit for additional income, or rent the lot to a tenant with their own home, also increasing the income. Current rents are as follows: 4 Double wide homes at $525 per month, 5 Single wide homes at $385, $375, $475, $400 and $495. This is a long established mobile home park which includes all existing mobile homes with an excellent rental history. Paved entrance road and parking places for all homes. EXCELLENT OPPORTUNITY FOR INVESTORS! All info. taken from Tax Records. Buyer/Buyer's Agent to verify all.

Interior 3

Cooling System

  • Central Air
  • Heat Pump
  • Wall Unit(s)

Sewer

  • Septic Tank

Water Source

  • Public Water

Exterior 2

Driveway

  • Asphalt Driveway

Siding

  • Vinyl

Miscellaneous 3

Land Documents

  • Financial Documents

Possession

  • At Closing

Utilities

  • Cable

† Excluded Feature

Neighborhood & Schools

Elementary School: VALLEY FORGE
Middle School: VALLEY FORGE
High School: HAMPTON

 See complete school information

Listed By

Listing Agent: DAVID COLLINS
Broker: RUSS SWANAY REAL ESTATE COMPAN

369 Garrison Hollow Road , Elizabethton, TN, 37643 is a Multi-Family Home for sale at $349,900 with a lot size of 3.42 Acre(s). 369 Garrison Hollow Road was built in 1984. The property's zip code is 37643 which is in Elizabethton, TN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Elizabethton $244,935 30 % below $144,900 59 % below
Multi-family listings in Elizabethton $451,467 29 % above $374,450 7 % above

Get the facts about Elizabethton, TN!

Population 14,889
Population Growth (since 2000) 1 %
Median Income $29,312
Median Age 40.77
Households w/ Children 25 %

Residential Dwellings

  • Owned 3836
  • Vacant 543
  • Rented 2325

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