INVESTMENT OPPORTUNITY
MULTI FAMILY ON 3 +/- ACRES IN JOHNSON CITY DIRECTLY ACROSS FROM WILLOW SPRINGS PARK.
NO CITY TAXES
This opportunity has 17 RENTAL UNITS, ALL WELL KEPT -16 manufactured homes , recently updated with pex plumbing, and electrical, cosmetic upgrades as well. All manufactured homes are 2 bed 1 bath with exception of unit 8 which is a 3 bed 2 bath.
One nice size site built home with 3 bed 1 bath , 1025 SQ FT MAIN LEVEL attached garage 650 SQ FT and full basement 1025 SQ FT with drive under garage.
One office building with potential studio apartment.
All units occupied with majority long term residents. There is definitely POTENTIAL TO INCREASE PROFIT MARGINS NOW.
Annual Gross income currently $128,772.
All information herein deemed reliable but subject to Buyer verification.