1418 Mae Collins Road, Morristown, TN 37813

An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase.Home Details:2 bedrooms, 1 bathroomApproximate size: 14x40 (buyer should confirm exact dimensions)Some units have washer/dryer hookupsWindow heat/air unitsRental Income:Current rent per home: $725/monthTotal current rent for 7 homes: $5,075/monthUtility Information:Property owner covers water for all homesTenants pay for individual electric serviceEach of the 11 spaces has electric and septic hookups availableAdditional Details:1 home is undergoing a remodel, offering the potential for increased rentSignificant upside potential for development of the remaining 4 lotsThis property is a promising investment with consistent rental income and the opportunity to add value through future development.IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN