Courtesy: Blackwell Realty and Auction
423-509-5910
This 5-unit trailer park presents a strong value-add investment opportunity with significant upside potential. Currently, four units are occupied and generating $3,100 per month in gross income ($37,200 annually), while one unit is vacant and ready for renovation and lease-up. Market rents for similar units are approximately $850 per month, bringing the stabilized gross income potential to $4,250 per month, or $51,000 annually. Each unit has a separate electric meter, with tenants responsible for their own electricity. Water is on a single master meter and paid by the landlord, averaging approximately $180 per month. Additional operating expenses run about $350 per month. This property offers a clear path to increased cash flow through renovating the vacant units and adjusting rents to market levels. Drive-by viewings are welcome; however, please do not disturb current tenants. The seller will also provide vendor and service contacts to ensure a smooth transition for the new owner. SQFT total is total combined estimate of all 5 units. Exact age of the homes are unknown but site pads were built in 1996 according to records. Buyer/agent to verify any information they deem important. Property does require flood insurance.
1.58+-acres with Mobile Home and Commercial Garage. Mobile Home is located toward the rear of the property with a spacious shop building positioned along the road frontage. Ideal setup for those needing additional workspace or storage and wanting to start a business right out your front door or even rental property. ****Buyer to verify all zoning and intended use and is responsible to do their due diligence to verify that all information is correct.
Courtesy: Mossy Oak Properties Land Sales LLC
423-648-1008
1.58+-acres with Mobile Home and Commercial Garage. Mobile Home is located toward the rear of the property with a spacious shop building positioned along the road frontage. Ideal setup for those needing additional workspace or storage and wanting to start a business right out your front door or even rental property. ****Buyer to verify all zoning and intended use and is responsible to do their due diligence to verify that all information is correct.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Whitwell is located in Tennessee. Whitwell, Tennessee has a population of 1,771. Whitwell is more family-centric than the surrounding county with 34.02% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Whitwell, Tennessee is $62,500. The median household income for the surrounding county is $53,148 compared to the national median of $69,021. The median age of people living in Whitwell is 45.9 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 56.6 inches per year, with 1.7 inches of snow per year.
