3 Ruby Rose Lane
About this property
Located off of Smokey Park Highway and convenient to I-40, Exit 44 near Home Depot. This 2+acre mobile home park offers a low point of entry into mobile home park ownership. The property includes four park-owned homes with long-term tenants and one vacant space. City water and separate septic tanks means no headaches. Commercial/Investor Interest for good cash flow. 3 units at $875, one at $1,175, vacant space could be leased for $400. After all annual expenses of $12,000. NOI $35,750. Features include an established rental history, City systems, and electric. This is turn-key with even more potential! No HOA fees or additional dues.
About this property
Located off of Smokey Park Highway and convenient to I-40, Exit 44 near Home Depot. This 2+acre mobile home park offers a low point of entry into mobile home park ownership. The property includes four park-owned homes with long-term tenants and one vacant space. City water and separate septic tanks means no headaches. Commercial/Investor Interest for good cash flow. 3 units at $875, one at $1,175, vacant space could be leased for $400. After all annual expenses of $12,000. NOI $35,750. Features include an established rental history, City systems, and electric. This is turn-key with even more potential! No HOA fees or additional dues.
Features and Additional Information
Presented By Coldwell Banker Commercial HPW Select
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Brokerage: CENTURY 21 Mountain Lifestyles
