$425,000
$519,900
18.3%For more information regarding the value of a property, please contact us for a free consultation.
31 Acres Lot
SOLD DATE : 10/02/2025
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 9981276
Style See Remarks
Lot Size 31.000 Acres
Property Sub-Type Multi Family
Property Description
INCOME-PRODUCING MOBILE HOME PARK on 31 ACRES with ROOM TO GROW!! Rare opportunity to own a well-established mobile home park situated on 31 acres of rolling partly wooded land (some of the wooded area is steeper). This investment property features 21 total lots, with 17 currently rented and 4 vacant lots ready for additional income potential. All tenants own their mobile home. Each lot is equipped with its own 1,000 gallon tank septic system (except lots 2 & 3 and they share a 1,500 gallon tank septic system), The park is supported by three wells, offering a self-sufficient and low-overhead setup. The property has a strong rental history and dependable tenants, making it an ideal turnkey opportunity for investors looking to generate steady cash flow with room for expansion. The 31 acres offers a balance of privacy, accessibility and future potential for adding community amenities or even subdividing for other development opportunities. Located in a peaceful rural setting but within a short driving distance to town, this property blends stability with growth potential. 2305 Lumpkin Branch Road is also included with this property. Don't miss this great opportunity! Buyer/buyer's agent to verify all info.
Location
State TN
County Johnson
Community Not In Subdivision
Area 31.0
Zoning RES
Interior
Heating None
Cooling None
Building
Sewer Septic Tank
Water None
Structure Type See Remarks
Schools
Elementary Schools Roan Creek
Middle Schools Johnson Co
High Schools Johnson Co
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Jessica Harkness • Foundation Realty Group
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Agent | License ID: 354366
308 N PETERS RD. STE 225, KNOXVILLE, TN, 37922, United States