3885 Gainesville Rd

—
Beds
—
Baths
10,000 Sq. Ft.
$36 / Sq. Ft.
10,000
Sq. Ft.
$36
per Sq. Ft.

Description

Incredible investment opportunity with nearly 80k/year in gross rental income. Situated on 6 parcels totaling nearly 40 acres with 12 single wide mobile homes, potential for several more as well.Incredible investment opportunity with nearly 80k/year in gross rental income. Situated on 6 parcels totaling nearly 40 acres with 12 single wide mobile homes, potential for several more as well.
  1. Listed by Pamela Worley • Unique Properties

Property Details for 3885 Gainesville Road

Area
622D
MAAR Subdivision Name
Rural
Legal Subdivision Name
Rural
LISTING CLOSED: 02/14/2020 12:00 AM

Property Details for 3885 Gainesville Road

StatusClosed
MLS #10058140
Days on Market120
Taxes$1,000 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Mobile Home Park
Year Built1997
Lot Size0.00 AC / 0 SF
CountyTipton County

Location

Listing Courtesy of Unique Properties

Sold By RE/MAX ON POINT

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Building Information for 3885 Gainesville Road

Stories1Residences12Year Built1997Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$1,888 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,804

Property Taxes

$83

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 3885 Gainesville Road

Summary
Location and General Information
  • Address: 3885 GAINESVILLE RD
  • Address Search Number: 3885
  • Directions: Hwy 59 to Mason, left onto Gainesville Rd, properties on left. Total of 6 parcels included in this sale, all adjacent. No sign. Do not disturb tenants. Appointment only.
  • Map Coordinate: D
  • MLS Map Num: Tipton/Brighton
Taxes and HOA Information
  • Hot Water: Electrical, Public Water, Septic Tank
  • LVT Date: 07-25-2019
Property
Lot Information
  • Lot Size: 38 Acres +/-
  • Parcel ID: 139 012.26 & 139 012.25 & 139 012.24 & 139 012.23 & 139 012.22 & 139 012.21
Property and Assessments
  • Foundation: Conventional/Crawl Space
  • Percent Occupancy: 100
  • Service Type: Full Service Listing
Interior and Exterior Features
Exterior Features
  • Roof: Metal, Shingle/Shake, Pitched, Flat
Interior Features
  • Appliances / Equipment: Range/Oven (Freestanding), Cooktop/Wall Oven
  • Floors/Ceilings: Vinyl Floor, Partial Carpet, Dry Wall, Paneled
Multi Family
Multi-Family Information
  • Num of 1 Bedroom Units: 0
  • Num of 2 Bedroom Units: 2
  • Num of 3 Bedroom Units: 10
  • Num of Efficiency Studio Units: 0
  • Num of Buildings: 12
  • Num Other Units: 0
  • Annual Land Lease Payment: $900
  • Assumption: No Assumption
  • Average Annual Utilities: $0
  • Construction: Aluminum/Steel Siding
  • Cooling Systems: Central, Electrial, 1 Window Unit per Unit, Individual Cooling, House Cooling
  • Existing Financing: Clear
  • Gross Potential Annl Rent: $78,900
  • Heating Systems: Central, Gas, Electrical, Wall Heat, Space Heater
  • Laundry: Connections
  • Miscellaneous Exterior: Wood Fence, Chain Fence, Partically Fenced
  • Operating Expenses: Insurance, Repairs/Maintenance, Pest Control, Taxes
  • Parking Facility: Gravel
  • Possession: Negotiable
  • Sale Includes: Building and Land, Some Equipment, Some Appliances
  • Source Of Info: Owner, Rent Roll
  • Tenant Pays: All Utilities
  • Type Units: 2 BR - 1+ Baths, 3 BR - 1+ Baths, Unfurnished

Property History for 3885 Gainesville Road

DateEvent & SourcePriceAppreciation
Feb 14, 2020

Sold

MAARMLS #10058140

$355,000—
Nov 22, 2019

Contract Signed

MAARMLS #10058140

—
Jul 25, 2019

Listed (Active)

MAARMLS #10058140

$375,000—
DateEvent & SourcePrice
02/14/2020

Sold

MAARMLS #10058140

$355,000
11/22/2019

Contract Signed

MAARMLS #10058140

—
07/25/2019

Listed (Active)

MAARMLS #10058140

$375,000

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

Schools near 3885 Gainesville Road

This home is within Tipton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Austin Peay Elementary School
PublicPK to 5

Brighton Middle School
Public6 to 8

Brighton High School
Public9 to 12

Charger Academy
PublicPK to 5

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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Listing Courtesy of Unique Properties

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.