Calling all investors! Here's your chance to own a small, well maintained, profitable mobile home park. Located in White Pine, TN, the park is just minutes from Douglas Lake an provides easy access to Hwy 25 and Interstate 40. There are a total of 10 individually metered lots all with city utilities. Currently there are 5 owned homes on the property with a sixth (not owned) paying lot rent leaving four empty spaces for the new owner to potentially increase revenue. Don't miss out on this wonderful opportunity to add to your portfolio!
Four duplexes in very nice area, close to Douglas Lake, Shopping, Great Smoky Mountains attractions: Has two parcels for a total of 2.77 acres which has room for another building: Monthly rents are 5550.00 with an annual of 66,600.00. Rents could easily be raised and stay within market values. Sellers are offering an allowance of 12,000.00 for exterior painting (with acceptable offer). Great Income Opportunity with full occupancy: All together duplexes have 15 Bedrooms and 8 Bathrooms.
The median home value in White Pine, TN is $96,600. This is lower than the county median home value of $137,500. The national median home value is $219,700. The average price of homes sold in White Pine, TN is $96,600. Approximately 50.48% of White Pine homes are owned, compared to 37.71% rented, while 11.81% are vacant. White Pine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a White Pine real estate agent to arrange a tour today!
White Pine, Tennessee 37890 has a population of 2,364. White Pine 37890 is more family-centric than the surrounding county with 29.86% of the households containing married families with children. The county average for households married with children is 26.19%.
The median household income in White Pine, Tennessee 37890 is $32,174. The median household income for the surrounding county is $45,641 compared to the national median of $57,652. The median age of people living in White Pine 37890 is 34.5 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 48.5 inches per year, with 4.5 inches of snow per year.