207 Garland Loop
Property Description
Investor's dream opportunity in the heart of Big Stone Gap! Welcome to Forest Hills Trailer Park - a massive income-producing property featuring breathtaking wooded surroundings and mountain views on 12.18 surveyed acres. This rare investment opportunity offers 28 total lots with incredible upside potential and room for future growth. Currently featuring: * 17 rented mobile homes * 3 additional lot renters * 4 vacant lots ready for expansion * 4 lots with older units ready for redevelopment or replacement Current gross monthly income averages approximately $7,200/month with tremendous opportunity to increase cash flow through improvements, additional rentals, or expansion of the existing park. The property offers a peaceful setting surrounded by nature while still being conveniently located near town amenities, making it highly attractive for long-term tenants. Whether you're an experienced investor looking to expand your portfolio or searching for a high-potential value-add property, Forest Hills Trailer Park delivers endless possibilities. Opportunities like this with acreage, infrastructure already in place, and strong upside potential rarely hit the market. Don't miss your chance to own one of the area's most unique income-producing properties!Broker Details
Park Hill Realty Group LLC (423) 530-5224
MLS ID: 33982 State License Number: 0225262208, 384142
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $525,000 |
| No. of Units: | 28 |
| Opportunity Zone: | No |
| Price per unit: | $18,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 12 |
| Number of Bathrooms: | 0 |
ID: 3yd-TVARMLS-9995229
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3110 PRESBURY Street
BALTIMORE, Maryland
2590 W FAYETTE Street
BALTIMORE, Maryland
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout