714 Highway 113, White Pine, TN 37890

$279,400
Property Type: Lots & Acreage Lot Size (sq. ft.): 635,976 Status: Closed
Current Price: $279,400 List Date: 9/06/2022 Last Modified: 11/09/2022

Overview

Description

REAL ESTATE AUCTION – BID LIVE OR ONLINE – Thursday, September 29th at 12:00PM (Noon) – Awesome buying opportunity for a +/- 14.6 acre mobile home park with value-add opportunity. Property has 40 mobile home sites with only 9 currently rented Current rental income is $3,260 per month. Located approx. 24 miles from Knoxville and 13 miles from Morristown – minutes to Douglas Lake. Excellent opportunity for an investor to make this park their own and start generating a great cash flow.

Listing Details MLS# 1205122

Location Tax Legal Info

House #
714
Street Name
Highway 113
State/Province
TN
Zip Code
37890
PIN #
049 057.00

Contract Info

Auction Y/N
Yes

General Property Description

Lot Dimensions
+/- 14.6 acres
Acres
14.6
Acre Source
Survey
Restrictions
Yes
Property Status
N/A

Status Change Info

Status Change Date
2022-11-09
Under Contract Date
2022-09-30
Sold Date
2022-11-02

Auction

Bidder Must Qualify
Yes
Buyers Premium
Yes
Buyers Premium %
10
Remote Bidding
Yes
Real Estate Only
Yes
RE & Personal Prop
No
Auction Date
2022-09-29
Auction Location
714 Hwy 113
Auction Time
12:00PM

Location, Tax & Legal Info

Area
Jefferson County – 26
City/County Code
County
Total Tax
0

More Information

Remarks & Misc

Directions
I-40 to exit 424 (White Pine). Head north on Hwy 113 to the property on the right.
Public Remarks
REAL ESTATE AUCTION – BID LIVE OR ONLINE – Thursday, September 29th at 12:00PM (Noon) – Awesome buying opportunity for a +/- 14.6 acre mobile home park with value-add opportunity. Property has 40 mobile home sites with only 9 currently rented Current rental income is $3,260 per month. Located approx. 24 miles from Knoxville and 13 miles from Morristown – minutes to Douglas Lake. Excellent opportunity for an investor to make this park their own and start generating a great cash flow.

Property Sub-Type

Mobile Home
Yes
Rural
Yes
Single Family
Yes

Topography

Rolling
Yes

Road Access

Public Road
Yes

Road Frontage

Paved
Yes
State
Yes

Sale Options

Will Not Divide
Yes

Improvements

Other
Yes

Lot Description

Irregular Lot
Yes
Rolling Slope
Yes

Easements

Other
Yes

Documents on File

Survey
Yes

Developmnt Potential

Multi-Family
Yes
Single Family
Yes
Subdivision
Yes

Utilities Available

Other
Yes

Zoning

Zoned Agricultural
Yes

Present Structures

Mobile Home
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing Instructions

See Agent Instructns
Yes

Property Features

Property Sub-Type: Mobile Home; Rural; Single Family Topography: Rolling Road Frontage: Paved; State Road Access: Public Road Sale Options: Will Not Divide Improvements: Other Easements: Other Lot Description: Irregular Lot; Rolling Slope Documents on File: Survey Developmnt Potential: Multi-Family; Single Family; Subdivision Utilities Available: Other Zoning: Zoned Agricultural Present Structures: Mobile Home New Financing: Cash; Conventional Showing Instructions: See Agent Instructns
Listing Office: Powell Auction & Realty,LLC
IDX
Office Phone: 865-938-3403
Last Updated: November – 09 – 2022
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.