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3461-3507 Pearly Smith Rd, Louisville, 37777
Priced At: $199,500
Property Details for ID: 1304092
SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-06-09T20:59:07Z
Subdivision: Pearly Smith Mh Park
Public Remarks: LOUISVILLE MOBILE HOME PARK WITH 3 HOMES ON 3 PADS - SELLER WILL FINANCE! This well located property is just off of Topside Rd and just East of Pellissippi Parkway with excellent access to both Knoxville and Maryville. This sale includes 3 mobile homes on 3 pads. Two of the homes are occupied. The 3rd home is vacant and in need of repair. One home is partially in a flood zone. Subject to review of buyers financials, with 25% down payment, Seller will carry a first deed of trust at 6.5%, amortized over 15 years with a balloon 5 years from closing. No sign on property. All showings by appointment.
Schools Information
Sorry, school information is not available for this listing.Building Description
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Financing
Annual Operating Expenses: 5,588
Net Operating Income: 22,312
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Directions
From I-140 (Pellissippi Pky) take the Topside Rd Exit. Turn left onto Topside Rd and right onto Pearly Smith Rd. Park will be on the right just before the railroad tracks.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!