123 Street Lane
$234,900, 3.18 Acres
About This Property
This income producing property offers a unique investment opportunity with all it has to offer. This income producing trailer park currently consist of a 3.1 acre tract that sits directly on the Doe River with well over 400 feet of direct river frontage. Currently, there is a 3 bedroom, 2 bath double wide that is currently rented for $750.00 per month. Additionally, there are 2 single wide mobile homes with one being rented for $475.00 per month and the other for $450.00 per month. This property has a completely level topography allowing for additional mobile home spots subject to county and state approval which would only increase the monthly cash flow. This property features 2 nice barns and has a well on the property that services 2 single wide trailers and was dug at a depth of 678 feet. The double wide is serviced by Hampton Utility Water. Each mobile home is on its own separate electric meter. Each single wide has its own new metal roof. It is a rare opportunity to find land that lays as level as this, directly on the river. This property has a nice monthly cash flow with a great possibility of great monthly returns. This property is being sold as is. All information and square footage are subject to buyer verification.
123 Street Lane, Hampton (MLS® #425503) Property History
Copyright 2019 Tennessee Virginia Regional MLS®. All rights reserved.
Information herein deemed reliable but not guaranteed September 19th, 2019 at 6:53pm