4573 Bluff City HwyBluff City, TN 37618
- Residential income properties
- 14,000 SF
Property Details for 4573 Bluff City Hwy
- Lot size
- 4.50 AC
- Property size (Sq ft)
- 14,000 SF
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional investment opportunity presents a 14-unit mobile home park situated on a 4.5-acre lot in Bluff City, Tennessee. The property, located at 4573 Bluff City Hwy, boasts 14,000 square feet of space, with 14 buildings and 20 available pads, offering potential for expansion. Currently operating as a family park, it features 14 park-owned units, all with electric, water, and sewer utilities. The property is zoned commercial and offers significant upside potential due to years of consistent occupancy and the opportunity for rent increases. Two lots are currently vacant, and two more are used for storage. Conveniently located near the intersection of Lakeview Drive and Bristol Hwy/Hwy 11E, this property benefits from its proximity to Boone Lake and easy access to Bluff City. The asking price is $625,000, representing a price per square foot of $44.64. The property is held in fee simple and consists of two parcels (APN: 097 02500|2). Financial information is available to qualified buyers upon request and the submission of proof of funds. The seller requires proof of readily available funds up to the buyer's offering price. This includes, but is not limited to, bank statements, credit reports, or other financial records. The property is classified as Class C and is a net lease investment.
Location Insight
- City
- Bluff City
- County
- Sullivan
- State
- Tennessee
- Latitude
- 36.4672
- Longitude
- -82.2752
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