Investment opportunitymulti family on 3 +/- Acres in johnson city directly across from willow springs park.no city TAXESThis 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 garage650 SQ FTand full basement1025 SQ FTwith 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.
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The average household income in
Johnson City, TN
declined
from
$40,370
to
$39,143
in the past year. This data is an estimate based upon
28,057
households in
Johnson City, TN. The chart below presents how household income is distributed in
Johnson City, TN
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Johnson City, TN
compared to median property taxes around the country. The prevalent amount of property taxes in
Johnson City, TN
equals
$800-$1,500
, which is
less
than the national average.