
$425,000
825 Verles Road
Details
APN 019 021.01
Property Type Multifamily
Sub Type Apartment Building, RV Park
Square Footage 5,500
Units 3
Year Built 1990
Stories 1
Acreage 21.040
Parking Spaces 10 spaces
Parking Per SqFt 1.82
Multifamily | 3 Units
Marketing description
Investor's dream property in Medon, TN! This 21.04-acre income-producing property features five updated mobile homes generating up to $4,000 per month in rental income. Four of the homes are currently leased, and one is move-in ready for a new tenant or owner occupancy. Each home has been recently refreshed, offering comfortable living and low maintenance for years to come. The land itself is beautiful and versatile, offering plenty of space for expansion, development, or simply enjoying peaceful Tennessee countryside living. Conveniently located in a desirable area with easy access to Jackson and Henderson, this property offers both immediate cash flow and long-term growth potential. Whether you're expanding your investment portfolio or seeking a property with multiple income streams, this Medon opportunity is a rare find.
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