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

000

MLS® 3134530

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 4000 sqft
Garage No
Taxes $351
Days Active 0
Lot Size 
Approx. Age 1996
Avg. Price Per Sqft $74
MLS® Number 3134530

Property Address: 434 N Pine St, Whitwell, TN, 37397-5067

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® Number3134530
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1996
Basement
DrivewayDetached, Gravel
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$299,000List Price

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