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434 N Pine Street, Whitwell, TN 37397

Marion County · Mobile Home Park
$299,900
Bedrooms
10
Living area
4,000 sqft
Acreage
0.94 acres
Year built
1996
Property type
Mobile Home Park
County
Marion
MLS number
1542968

About this property

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.

Property details4 groups

Utilities

Water
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Water Connected
Heating
Electric, Other
Cooling
Electric, Other

Construction

Construction
Other
Roof
Metal
Flooring
Luxury Vinyl, Other
Levels
One

Land and access

Lot features
Level
Road frontage
County Road
Road surface
Asphalt, Paved
Parcel number
033o A 00600 000
Annual taxes
$351 a year

Schools

Elementary school
Whitwell Elementary
Middle school
Whitwell Middle
High school
Whitwell High School

Information deemed reliable but not guaranteed.