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Fayetteville,TN 37334
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $499,900
MLS Listing ID 2740098
HOA Y/N No
Year Built 1987
Annual Tax Amount $850
Lot Dimensions 4.2
Property Description
Property consist of a A-frame, 2 Doublewides, 4 singlewides and one singlewide that needs repair (seller will not repair), 3 lots with water/septic that buyer may can add trailers on these lots. Seller is willing to owner finance $499,900 with 20% down, remaining amortized over 20 years at 6% with 5 year balloon. Trailer addresses are as follows. 5 Appletree Doublewide, 3 Appletree Doublewide, 9 Appletree Singlewide, 11 Appletree A-Frame, 5 Pedda Singlewide, 3 Pedda Singlewide, 2 Pedda Singlewide, 3 Pevvy Singlewide without windows can be repaired, 5 Pevvy SW not inhabitable. Buyer and buyers agent to confirm taxes and school district. This property is tax card Parcel ID 138 048.01 This is a trailer Park with over 4 acres and addresses included in sale is 3, 5, 9, 11 Appletree Lane, 2, 3, & 5 Pedda, 3 & 5 Pevvy. There is an A-frame, 2 Doublewides, 4 singlewides (3 are ready to go and one needs repairs), there is one singlewide not livable, 3 lots with water/septic that could have trailers place or rent the lot out. There maybe more lots, seller knows there are 3. Most of the trailers have been fixed and ready to rent. Owner bought the property and has been getting it ready to go. Great Opportunity for income and growth with this property. Close to Huntsville! Buyers may walk there property and if trailers are rented please to not disturb the renters. All trailers are park owned, city water, and updates
Location
State TN
County Lincoln County
Zoning R
Interior
Heating Central
Cooling Electric
Flooring Carpet,Laminate
Fireplace N
Exterior
Utilities Available Electricity Available,Water Available
View Y/N false
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
Elementary Schools South Lincoln Elementary
Middle Schools South Lincoln Elementary
High Schools Lincoln County High School