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Off market
  • $218,100

    2012 Brights Pike, Morristown, TN 37814

    --beds
    0baths
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $218,100 Zestimate®
    $--/sqft
    $1,347 Estimated rent

    Home value

    $218,100

    $179,000 - $257,000

    $1,347/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,335/mo

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    What's special

    Currently priced at CAP rate of over 18%. 17 pads Total for sale. Lot rent at $200 monthly. (Full capacity gross income $40,800). Currently 12 Mobiles in the park and 5 vacant spots so 28,800 gross income and only Expense is Taxes (less than 800 per year) Resulting in over $28,000 NOI. This price does not include any of the mobile homes. City Sewer and Water, Located right across from the new Walmart on Buffalo Trail.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 1.10 Acres
    Details
    • Parcel number: 025JC00100000

    Construction

    Type & style
    • Home type: MultiFamily

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Morristown

    Other

    Other facts
    • Class: MULTI-FAMILY
    • Sale/Rent: For Sale
    • ELECTRICITY: Separate Meters
    • WATER: Separate Meters
    • WATER SUPPLY: Public Water
    • SEWER: Public Sewer
    • DRIVEWAY: Gravel
    • Type: Mobile Home Park
    • SHOWING INSTRUCTIONS: Call List Agent, Show Any Time

    Price history

    DateEventPrice
    1/29/2018Sold$150,000
    Source: Public Record Report a problem
    11/10/2017Pending sale$150,000
    Source: RE/MAX REAL ESTATE TEN #574782 Report a problem
    8/28/2017Listed for sale$150,000
    Source: RE/MAX REAL ESTATE TEN #574782 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$903 -3.2%$40,080 +35.8%
    2024$933 $29,520
    2023$933 $29,520
    2022$933 $29,520
    2021$933 +0.1%$29,520
    2020$932 +4.9%$29,520 +13%
    2019$888 +7.9%$26,120
    2018$823 +65.9%$26,120
    2017$496 $26,120
    2016$496 -31%$26,120
    2015$719 $26,120
    2014-- $26,120 -23.9%
    2011$923 $34,320
    2010$923 $34,320
    2009-- $34,320 +58.3%
    2008$685 -4.5%$21,680
    2007$718 +17.8%$21,680
    2006$609 $21,680
    2005$609 -8.4%$21,680 +2.7%
    2004$665 -0.2%$21,120 -0.2%
    2003$667 $21,160 0%
    2001-- $21,165 -60%
    2000-- $52,912

    Find assessor info on the county website

    Neighborhood: 37814

    Nearby schools

    GreatSchools rating
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