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

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Blue Ridge Properties Listing

207 Garland Loop, Big Stone Gap, VA 24219 (MLS #9995229)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9995229

Lot Acreage: 12.18000

Living Area: 0

Year Built:9999

Elementary School: Union

Middle School: Union

High School: Union

Public Remarks: 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 Courtesy:Park Hill Realty Group, LLC

More Listing Info:

AC:Heat Pump3: true

AC:Window Unit(s): true

Contract Info:Foreclosure: No

Easements:None12: true

Exterior Finish:Metal Siding: true

General Property Description:Acres: 12.18

General Property Description:Elementary School3: Union

General Property Description:High School3: Union

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 12.182

General Property Description:Middle School2: Union

General Property Description:Total Units: 28

General Property Description:Zoning2: R

Heating:Heat Pump2: true

Location Tax Legal Info:City Taxes: 880.88

Location Tax Legal Info:County Taxes: 1381.38

Remarks Misc:Directions3: From 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 Remarks7: 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!

Sewer:Public Sewer: true

Structure Type:Manufactured House: true

Style:Other53: true

TopographyLot Description:Level2: true

TopographyLot Description:Part Wooded: true

TopographyLot Description:Sloped: true

Unit 1:# Bedrooms3: 3

Unit 2:# Bedrooms4: 3

Unit 3:# Bedrooms5: 3

Unit 4:# Bedrooms6: 3

Water:Public: true