8903 Nelson Rd Soddy Daisy, TN 37379

Listing agency KW Commercial s***@kw.com Show Phone

Listed by Simeon Hinchman · License #TN 375181

Source Crexi

Added: May 10, 2024 Updated: Jul 6 at 7:48AM Checked: Jul 22 at 2:27PM

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Investment Insights

Based on property information with market context.

Located in Soddy Daisy, Tennessee, 8903 Nelson Road presents an investment opportunity. This eight-unit property offers a chance to acquire a stabilized investment. The property is situated in a rapidly growing area off Hixson Pike, providing access to amenities. The property consists of multiple addresses with varying rents: 8903 Nelson Road ($900), 8831 Nelson Road ($1,050), 1933 Wilkes Ave ($575), 1931 Wilkes Ave ($900), 1929 Wilkes Ave ($750), 1927 Wilkes Ave ($750), 1928 A Wilkes Ave ($900), and 1928 B Wilkes Ave ($600). The gross monthly income is $6,425. Tenants are responsible for all utilities. Annual expenses include $3,465 for lawn care and $1,397.16 in taxes.

Key Highlights

• Stabilized 8‑unit investment property with strong financials.
• Located in rapidly growing Soddy Daisy, TN.
• Convenient access to amenities via Hixson Pike.

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FAQs

What type of property is this?

Mobile home & RV park - Eight-unit property in a rapidly growing area.

Where is this mobile home & rv park located?

The property is located at 8903 Nelson Rd Soddy Daisy, TN.

What is the asking price?

The asking price for this property is $600,000.

What are key features of this property?

This property features: Stabilized 8‑unit investment property with strong financials.; Located in rapidly growing Soddy Daisy, TN.; Convenient access to amenities via Hixson Pike.