480 Ford Creek Road is a mixed-use property for lease in Johnson City, TN.
Small six unit mobile home park on 4.7 acres in the Gray area of Washington County. Each unit sits on half an acre of lovely rolling hills. Taxes were $1,111 in 2008; $1,210 in 2009. Annual insurance $1,060. Normal expenses in and around park. Gross income for 2008 $27,975; 2009 $27,650, 2010 thru August $18,725. All park owned homes with each tenant responsible for their utilities and yard maintenance. This property would be an excellent opportunity for those wishing to enter real estate investing. Contact listing agent for further financials and other details.
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