Description
Property consist of a A-frame, 2 Doublewides, 4 singlewides and one singlewide that needs repair (seller will not repair), 3 lots with water/septic that buyer may can add trailers on these lots. Seller is willing to owner finance $499,900 with 20% down, remaining amortized over 20 years at 6% with 5 year balloon. Trailer addresses are as follows. 5 Appletree Doublewide, 3 Appletree Doublewide, 9 Appletree Singlewide, 11 Appletree A-Frame, 5 Pedda Singlewide, 3 Pedda Singlewide, 2 Pedda Singlewide, 3 Pevvy Singlewide without windows can be repaired, 5 Pevvy SW not inhabitable. Buyer and buyers agent to confirm taxes and school district. This property is tax card Parcel ID 138 048.01 This is a trailer Park with over 4 acres and addresses included in sale is 3, 5, 9, 11 Appletree Lane, 2, 3, & 5 Pedda, 3 & 5 Pevvy. There is an A-frame, 2 Doublewides, 4 singlewides (3 are ready to go and one needs repairs), there is one singlewide not livable, 3 lots with water/septic that could have trailers place or rent the lot out. There maybe more lots, seller knows there are 3. Most of the trailers have been fixed and ready to rent. Owner bought the property and has been getting it ready to go. Great Opportunity for income and growth with this property. Close to Huntsville! Buyers may walk there property and if trailers are rented please to not disturb the renters. All trailers are park owned, city water, and updates
Property Details
- Utility FeaturesElectricity Available, Water Available
- High SchoolLincoln County High School
- Elementary SchoolSouth Lincoln Elementary
- Middle SchoolSouth Lincoln Elementary
- CountyLincoln County, TN
- Property SubtypeResidential Income
- Structure TypeMulti Family
- Sewer InformationSeptic Tank
- Property TypePurchase
- Original List Price$599,900
- MLS #2740098
- MLS #2740098
- Utility SourcePublic
- Cost499900
- Year Built1987
- Subdivisionnone
- Taxes Annual$850
- Square Feet1
Location
Legal
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Last Updated: . Source: REALTRAC
Listing Courtesy
Listing Agent: Sheila Campbell (#RTC4968)
Listing Office: eXp Realty (#RTC3635)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.