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Listing Details
- call for price
- MLS# 3134530
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Blackwell Realty and Auction
Agency Phone: 4235095910
Shown By
Agency Title: HALO Realty, LLC
Agency Phone: 615 822 3509
Home Value Estimate
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...read more
Features
- Cooling: Electric
- Flooring: Other
- Heating: Electric
- Stories: 1.0
- Taxes: $351
- Water: Public
- Year Built: 1996
Gallery
Listed By
Agency Name: Blackwell Realty and Auction
Agency Phone: 4235095910
Shown By
Agency Title: HALO Realty, LLC
Agency Phone: 615 822 3509
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