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Size: 3.47 Acres
Type: Homesites

3.47 Acres in Johnson City, TN - $1,250,000

Here is your opportunity to own a 26 unit residential rental complex in Johnson city. This property consists of an apartment building, a fourplex, and a 21 mobile homes (current owner owns 17 of the 21 mobile homes). The property is comprised of two parcels and totals 3.47 acres. Each unit is on its own meter; therefore, tenants can pay for their own utilities. There are 10 septic tanks found on the property that are pumped regularly. The annual potential gross income for this property is approximately $180,900. Additional information such as Rent roll & profit loss statement can be provided upon request. You don't want to miss the opportunity to own this income producing property! Buyers to verify all information.

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CENTURY 21 Legacy

Johnson City, TN

(423) 282-1885