916-941 Bayless St, Rockwood, TN 37854

$585,000
Property Type: Multi-Family Lot Size (sq. ft.): 121,968 Status: Closed
Current Price: $585,000 List Date: 9/10/2025 Last Modified: 12/19/2025

Description

ROCKWOOD MOBILE HOME PARK - 15 PADS W/15 HOMES - SELLER WILL FINANCE! This well located property is just off of Roane State Hwy and us conveniently located to downtown Rockwood (restaurants, shopping, grocery stores, etc.), Roane State College, multiple trails and parks, boat launches and interstate I-40. This sale includes 15 mobile homes. 13 are currently rented and 2 are vacant. Property is on public water and sewer and tenants pay all utilities. Subject to review of buyers financials, with 25% downpayment, Sellers 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. Please drive by but do not disturb residents.

More Information MLS# 1309675

Location, Tax & Legal Info

Area: Roane County - 31 City/County Code: County Total Tax: 706

Contract Info

Auction Y/N: No Listing Price: 750000 Current Price: $585,000 Status: Closed Listing Date: 2025-07-24

General Property Description

Lot Dimensions: 218.3 X 536.9 IRR Lot Size SqFt: 121968 # Units Leased: 13 Restrictions: No Utilities/Mo Avg: 0 Property Status: N/A Driveway: Paved Lease Information: 15 Homes $400-$860 Number of Units: 15 Year Built: 1989

Remarks & Misc

Directions: Take I-40 to Exit 347 and go South towards Rockwood. In 5.6 Miles turn left onto Roane State Highway. In 0.2 Miles turn right onto Ellen St. In 0.3 Miles turn left onto Bayless St. There will be a sign on your right - Bayless Mobile Home Park. Public Remarks: ROCKWOOD MOBILE HOME PARK - 15 PADS W/15 HOMES - SELLER WILL FINANCE! This well located property is just off of Roane State Hwy and us conveniently located to downtown Rockwood (restaurants, shopping, grocery stores, etc.), Roane State College, multiple trails and parks, boat launches and interstate I-40. This sale includes 15 mobile homes. 13 are currently rented and 2 are vacant. Property is on public water and sewer and tenants pay all utilities. Subject to review of buyers financials, with 25% downpayment, Sellers 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. Please drive by but do not disturb residents.

Income/Expenses

Gross Annual Income: 119340 Annual Oper Expenses: 17015

Property Sub-Type

Other: 1

Construction

Other: 1

Type of Units

2 Bedroom Unit: 1 3 or more Bdrm Units: 1 Garden: 1 Unfurnished: 1

Siding

Metal: 1

Sale Includes

Building and Land: 1

Miscellaneous

Porch: 1 Washer/Dryer Cnctns: 1

Cooling

Central Cooling: 1 Window Unit(s): 1

Floors

Carpet: 1 Vinyl: 1

Garage/Parking

On Premise Parking: 1

Tenant Expenses

Tenant Pays All Util: 1

Owner Expenses

Exterior Maintenance: 1 Insurance: 1 Lawn Maintenance: 1 Roof Maintenance: 1 Taxes: 1

Fuel

Electric: 1

Heat

Central: 1 Other: 1

Appliances

Range: 1 Refrigerator: 1

Other Rooms

Mstr Bdrm Main Level: 1

Roof

Metal: 1

Misc Features

Washer/Dryer Connect: 1

New Financing

Cash: 1 Owner Will Carry: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 916-941 Street Name: Bayless St Suffix: St State/Province: TN Zip Code: 37854 PIN #: 055H J 019.00 Geo Lat: 35.873933 Geo Lon: -84.666097

Status Change Info

Status Change Date: 2025-12-19 Under Contract Date: 2025-10-25 Sold Date: 2025-12-19 Sold Price: $585,000

IncomeExpenses

Net Operating Income: 102325

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Garden; Unfurnished Sale Includes: Building and Land Floors: Carpet; Vinyl Tenant Expenses: Tenant Pays All Util Owner Expenses: Exterior Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes Fuel: Electric Heat: Central; Other Cooling: Central Cooling; Window Unit(s) Appliances: Range; Refrigerator Construction: Other Roof: Metal Siding: Metal Misc Features: Washer/Dryer Connect Other Rooms: Mstr Bdrm Main Level Miscellaneous: Porch; Washer/Dryer Cnctns New Financing: Cash; Owner Will Carry Showing: See Agent Instructns
Listing Office: Goldman Partners Realty, LLC
IDX
Office Phone: 865-705-8675
Last Updated: December - 19 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.