1004 Meeks Way

Closed 10/5/18
Closed 10/5/18
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Last Sold Price
$512,500
3,000 sqft$171/sqft
1004 Meeks Way, Newport, TN 37821

Description

Mobile Home Park located in a prime rental area, close to town, low maintenance, rent to own contracts, low vacancy, office on site, 25x120 storage building with approximately 24 units, underground electric, water and sewer, gas available. A future expansion possibility of 50-57 total pads with 5-6 acres for growth. Buyers to verify all information to their satisfaction.Mobile Home Park located in a prime rental area, close to town, low maintenance, rent to own contracts, low vacancy, office on site, 25x120 storage building with approximately 24 units, underground electric, water and sewer, gas available. A future expansion possibility of 50-57 total pads with 5-6 acres for growth. Buyers to verify all information to their satisfaction.
LISTING CLOSED: 10/05/2018 12:00 AM

  1. Listed by Crystal Jacobs • EXIT Key Realty
  2. Listed by Kathy Derrick • Jackson Real Estate & Auction

Property Details for 1004 Meeks Way

Status
Closed
MLS #
1051341
Days on Market
24
Taxes
$5,534 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi-Family
Year Built
2008
Lot Size
0.00 AC / 0 SF
County
Cocke County
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Location

Listing Courtesy of EXIT Key Realty, Crystal Jacobs; Jackson Real Estate & Auction, Kathy Derrick (865.397.4214)

Sold By Keller Realty & Auction, Keith Keller (423.237.3508)

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Building Information for 1004 Meeks Way

Stories-Residences21Year Built2008Building Size-Lot Size0.00 AC / 0 SF

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$3,066 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,605

Property Taxes

$461

HOA Dues

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Property Information for 1004 Meeks Way

Summary
Location and General Information
  • City: Newport
  • County Or Parish: Cocke County - 39
  • Directions: I-40 EXIT 432, Lt. on Hwy 25/70 to downtown Newport. Lt. on North Street across RR tracks, 1/2 mile to Lt. to Smith St, Curve around City Park approx. 1 mile to mobile home park on the right.
  • Latitude: 35.984495
  • Longitude: -83.182754
  • MLS Area Major: Cocke County - 39
  • MLS Area Minor: Cocke County - 39
  • Postal Code: 37821
  • State Or Province: TN
  • Location Tax Legal Info Area: Cocke County - 39
  • Remarks Misc Directions: I-40 EXIT 432, Lt. on Hwy 25/70 to downtown Newport. Lt. on North Street across RR tracks, 1/2 mile to Lt. to Smith St, Curve around City Park approx. 1 mile to mobile home park on the right.
Parking
  • Attached Garage: No
  • Parking Features: Other
  • General Property Description Driveway: Gravel
  • Garage Parking Other: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 047 035.04
  • Location Tax Legal Info Total Tax: 5534.0
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Building Area Source: Agent
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 2008
  • Building Area Total: 3000.0
  • Living Area Source: Agent
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 12 acres
  • General Property Description SqFt - Source: Agent
  • General Property Description Lot Dimensions: 12 acres
Property and Assessments
  • Possession: Negotiable
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession Negotiable: True
Utilities
  • General Property Description UtilitiesMo Avg: 2507.0
  • Fuel Other Fuel: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Metal, Other
  • Siding Metal: True
Interior Features
  • Cooling: Other
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: None
  • Heating Details: Other
  • Flooring: Other
  • Heating: Yes
  • Cooling Other: True
  • Floors Other: True
  • Heat - Other: True
  • Appliances None: True
  • Other Rooms Other: True
  • Roof Roof Info: Metal
Multi Family
Income & Expenses Information
  • Gross Income: $88,235.00
  • Net Operating Income: $49,912.00
Multi-Family Information
  • Number Of Units Total: 21
  • Type of Units Other: True
  • Income Expenses Gross Annual Income: 88235.0
Rental
Rent Information
  • Tenant Expenses Cooling: Other
  • Tenant Expenses Electricity: True
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: Other
  • Tenant Expenses WaterSewer: True

Property History for 1004 Meeks Way

DateEvent & SourcePriceAppreciation
Oct 5, 2018

Closed

KAARMLS #1051341

$512,500—
Aug 18, 2018

Contract - Not Showing

KAARMLS #1051341

—
Aug 1, 2018

Listed (Active)

KAARMLS #1051341

$650,000—
DateEvent & SourcePrice
10/05/2018

Closed

KAARMLS #1051341

$512,500
08/18/2018

Contract - Not Showing

KAARMLS #1051341

—
08/01/2018

Listed (Active)

KAARMLS #1051341

$650,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1004 Meeks Way

Taxable ValueLand-Additions$8,600Total-
Tax Record2025$129 ($11 / month)
Home Facts
Total Finished SqFt1,216 SqFtAbove Grade Finished SqFt1,216 SqFtStories1StyleMobile / Manufactured HomeYear Built1999CountyCOCKEAPN047 03504 001

Schools near 1004 Meeks Way

This home is within Cocke County School District.
Rating
School
Type
Grades
Distance
Northwest Elementary School
Public - PK to 8
Cocke County High School
Public - 9 to 12
Rating
School
Distance
Northwest Elementary School
PublicPK to 8

Cocke County High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1004 Meeks Way, Newport, TN 37821
$512,500
–
–
3,000
0
1006 Meeks Way, Newport, TN 37821
–
–
–
1,216
–
0 Meeks Way, Newport, TN 37821
$512,500
–
–
–
–
1018 Meeks Way, Newport, TN 37821
–
–
–
1,216
–
1008 Meeks Way, Newport, TN 37821
–
–
–
1,216
–
1010 Meeks Way, Newport, TN 37821
–
–
–
1,216
–

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT Key Realty, Crystal Jacobs; Jackson Real Estate & Auction, Kathy Derrick (865.397.4214)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 09/24/2025 03:27 PM