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207 Garland Loop, Big Stone Gap, VA 24219 - $525,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9995229
Living Area: 0 Lot Acreage: 12 Year Built: 9999
Elementary School: Union Middle School: Union High School: Union
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!
Listing Status
Active
  • More Listing Info
    AC:Heat Pump3true
    AC:Window Unit(s)true
    Contract Info:ForeclosureNo
    Easements:None12true
    Exterior Finish:Metal Sidingtrue
    General Property Description:Acres12.18
    General Property Description:Elementary School3Union
    General Property Description:High School3Union
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions12.182
    General Property Description:Middle School2Union
    General Property Description:Total Units28
    General Property Description:Zoning2R
    Heating:Heat Pump2true
    Location Tax Legal Info:City Taxes880.88
    Location Tax Legal Info:County Taxes1381.38
    Remarks Misc:Directions3From Wood Ave E. Head East past foodcity and keep going until it turns into 2nd ave. Turn left onto E 19th St and then right onto 4th Ave E. Travel approx 0.2 miles. Turn left onto E 22nd ST. Go to top. Starts trailer park
    Remarks Misc:Public Remarks7Investor'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!
    Sewer:Public Sewertrue
    Structure Type:Manufactured Housetrue
    Style:Other53true
    TopographyLot Description:Level2true
    TopographyLot Description:Part Woodedtrue
    TopographyLot Description:Slopedtrue
    Unit 1:# Bedrooms33
    Unit 2:# Bedrooms43
    Unit 3:# Bedrooms53
    Unit 4:# Bedrooms63
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
Park Hill Realty Group, LLC
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