3885 Gainesville Rd

    Mason, TN 38049
    • $375,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 10058140
    $375,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1997
    County:

    School Ratings & Info

    Description

    Incredible investment opportunity with nearly 80k/year in gross rental income. Situated on 6 parcels totaling nearly 40 acres with 12 single wide mobile homes, potential for several more as well.

    Monthly Payment Calculator



    © 2019 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2019-10-19T00:03:34.533.
    www.justlistedhousesinmemphis.com/homes/97269724

    3885 Gainesville Rd Mason, TN 38049

    • Price: $375,000
    • Status: Active
    • ID#: 10058140
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1997
    Built
    Neighborhood:
    Rural
    County:
    Tipton
    Area:
    Tipton/Brighton
    Property Description
    Incredible investment opportunity with nearly 80k/year in gross rental income. Situated on 6 parcels totaling nearly 40 acres with 12 single wide mobile homes, potential for several more as well.
    Exterior Features

    Buildings 12 Construction Aluminum/Steel Siding Foundation Conventional/Crawl Space Lot Size 38 Acres +/- Misc Exterior Wood FenceChain FencePartically Fenced Parking Facility Gravel Roof MetalShingle/ShakePitchedFlat

    Interior Features

    Appliances Equipment Range/Oven (Freestanding)Cooktop/Wall Oven Cooling Systems CentralElectrial1 Window Unit Per UnitIndividual CoolingHouse Cooling Floors And Ceilings Vinyl FloorPartial CarpetDry WallPaneled Heating Systems CentralGasElectricalWall HeatSpace Heater Hot Water ElectricalPublic WaterSeptic Tank Laundry Connections

    Property Features

    1 Bedroom Units 0 2 Bedroom Units 2 3 Bedroom Units 10 Actual Annual Rent 78900 Annual City Tax 0 Annual County Tax 1000 Annual Land Lease Payment 900 Assumption No Assumption Average Annual Utilities 0 Contingency Type No Contingency Efficiency Studio Units 0 Existing Financing Clear Gross Potential Annual Rent 78900 Legal Subdivision Name Rural Multifamily Type Mobile Home Park New Financing ConventionalLand Lease Operating Expenses InsuranceRepairs/MaintenancePest ControlTaxes Other Units 0 Percent Occupancy 100 Possession Negotiable Sale Includes Building And LandSome EquipmentSome Appliances Source Of Info OwnerRent Roll Tenant Pays All Utilities Type Of Leases WeeklyMonthly6 MonthYear Type Of Units 2 Br - 1+ Baths3 Br - 1+ BathsUnfurnished

    Listing information © 2019 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Unique Properties.



    © 2019 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Real Estate Experts. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2019-10-19T00:03:34.533.
     
    RE/MAX Real Estate Experts
    1930 Exeter Rd
    Germantown TN, 38138