This is a package of 6 parcels on the same street with 8 mobile homes.

Gross monthly rent is $ 4.790.00

Gross annual rent is $57,480.00
Annual taxes are $ 1,398.58
Annual garbage collection $ 1,404.00
Annual grass cutting (approx) $ 1,200.00

Remainder --------------------> $53,478.00 PER YEAR!

That is a 20% return on your investment. That means you have you initial money back in 5 years! ((Quicker if you raise rents))

Unit #1 - 8903 Nelson Road 12'x70' 3/2
Unit #2 - 1933 Wilkes Avenue 12'x70' 2/2
Unit #3 - 1931 Wilkes Avenue 14'x80' 2/2

Unit #4 - 1929 Wilkes Avenue 14'x80' 2/2
Unit #5 - 1927 Wilkes Avenue 12'x65' 2/1.5

Unit #6 - 1928 A Wilkes Avenue 14'x70' 3/2
Unit #7 - 1928 B Wilkes Avenue 12'x60' 2/1.5

Unit #8 - 8831 Nelson Road. 28'x52' 3/2

Dont drag your feet on this deal investors!

I have a larger package of information and a breakdown on each unit if you are interested.

All mobile homes are still titled and we have those in hand and will convey at closing.

Units are on septic.

Sold as a package only.

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Call Taylor or David at (423) 475-7777 to get your offer submitted!

Taylor@NPLrei.com
David@NPLrei.com

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All deals cash or hard money only. I like to work with everyone which usually means if you're making money I'm making money...please add any commissions on top of my price. What I am selling is my assignable contract with the seller of the property. I am not a realtor nor do I portray myself as one. All properties require cash or a private/hard money loan in order to purchase - no conventional or FHA financing available unless otherwise indicated. All inspections must be completed prior to buyer signing the contract. Buyers will need to provide a $5,000 non-refundable deposit (cashiers check) at time of contract. Buyer will be responsible for all closing costs unless otherwise indicated. Closing are an assignment of my contract with the seller to the buyer and are held at Rudy Title & Escrow in Nashville, TN