714 Highway 113, White Pine, TN 37890 (MLS# 1205122)


$279,400
714 Highway 113
White Pine, TN 37890
MLS# 1205122
Status: Closed



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Property 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.

Details
Location, Tax & Legal Info
Area: Jefferson County - 26
City/County Code: County
Total Tax: 0
Contract Info
Auction Y/N: Yes
Current Price: $279,400
Status: Closed
Listing Date: 2022-09-05
General Property Description
Lot Dimensions: +/- 14.6 acres
Acres: 14.6
Acre Source: Survey
Restrictions: Yes
Property Status: N/A
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.
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
Property Sub-Type
Mobile Home: 1
Rural: 1
Single Family: 1
Topography
Rolling: 1
Road Access
Public Road: 1
Road Frontage
Paved: 1
State: 1
Sale Options
Will Not Divide: 1
Improvements
Other: 1
Lot Description
Irregular Lot: 1
Rolling Slope: 1
Easements
Other: 1
Documents on File
Survey: 1
Developmnt Potential
Multi-Family: 1
Single Family: 1
Subdivision: 1
Utilities Available
Other: 1
Zoning
Zoned Agricultural: 1
Present Structures
Mobile Home: 1
New Financing
Cash: 1
Conventional: 1
Showing Instructions
See Agent Instructns: 1
Location Tax Legal Info
House #: 714
Street Name: Highway 113
State/Province: TN
Zip Code: 37890
PIN #: 049 057.00
Geo Lat: 36.06363
Geo Lon: -83.315188
Status Change Info
Status Change Date: 2022-11-09
Under Contract Date: 2022-09-30
Sold Date: 2022-11-02
Sold Price: $279,400
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

IDX
Listing Office: Powell Auction & Realty,LLC

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.