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Listed price in listed location currency (USD).
$299,000

000

MLS® 1529118

  • Key Facts
  • Description
  • Map

Key Facts

Type Mobile Home Park
Levels Residential Income
Size 4000 sqft
Garage No
HOA Fees 
Taxes $351
Days Active 2
Approx. Age 1996
Avg. Price Per Sqft $74
MLS® Number 1529118

Property Address: 434 N Pine Street, Whitwell, TN, 37397

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number1529118
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Unit
Exposure
Exterior
GarageNo
Approx. Age1996
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 23, 2026List Date
$299,000List Price
  • Commute

Commute

Starting Address
Destination Address
434 N Pine Street, Whitwell, TN

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