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Small Trailer Park with Incredible Investment Potential - Discover a unique investment opportunity with this small trailer park located on over 1.5 acres of prime land. Situated at 1966 & 1972 King Springs Rd., this property is fully rented and generates a steady income, with exciting potential for expansion and additional revenue streams. Property Features: - Doublewide Mobile Home (1966 King Springs Rd.): - 3 bedrooms, 2 bathrooms - Currently rented for $1,400/month - Connected to public water & sewer - Singlewide Mobile Home #1 (1972 #1 King Springs Rd.): - 2 bedrooms, 2 bathrooms - Currently rented for $1,200/month - Singlewide Mobile Home #2 (1972 #2 King Springs Rd.): - 2 bedrooms, 1 bathroom - Currently rented for $1,000/month - RV on Property: - Currently rented for $500/month - Site-Built Home: - In need of renovation but offers excellent potential for conversion into a 1-bedroom, 1-bathroom rental unit. Income Potential: - Current Monthly Income: $4,100 - Future Potential Income: - Renovated home - Additional mobile home spots: Potential for 2-3 units Additional Highlights: - Public water access serves the entire property. - Public sewer connected to doublewide - Utilities (electric and water) are included in current rental rates. - Ample land for adding additional units, creating an expanded trailer park, or increasing rental income. This property offers an established income stream with the flexibility to grow even further. Whether you're a seasoned investor or just entering the rental market, this is a rare opportunity to own a fully occupied trailer park with high demand and untapped potential. Schedule your showing today to explore this incredible investment opportunity!Buyer/Buyer's Agent to verify all info.
DAYS ON MARKET | 11 | LAST UPDATED | 1/7/2025 |
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YEAR BUILT | 1991 | COUNTY | Carter |
STATUS | Active | PROPERTY TYPE(S) | Residential Income |
Elementary School | Central |
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Jr. High School | Central |
High School | Happy Valley |
ADDITIONAL DETAILS | |
AIR | Heat Pump |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Dryer, Electric Range, Refrigerator, Washer |
CONSTRUCTION | Metal Siding, Vinyl Siding |
HEAT | Heat Pump |
LOT | 1.55 acre(s) |
LOT DESCRIPTION | Level, Rolling Slope, Sloped |
LOT DIMENSIONS | See Survey |
PARKING | RV Access/Parking, Driveway, Asphalt, Detached, Gravel, Parking Pad, Shared Driveway |
SEWER | Septic Tank, Public Sewer |
STORIES | 1 |
STYLE | Other |
WATER | Public |
ZONING | Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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