*Investor's Dream Opportunity! 5-Unit Trailer Park in Whitwell, TN** This fantastic investment property boasts a 5-unit income-producing trailer park, and the best part? All 5 units are currently occupied **Key Features:**Individual Electric Meters, 5 Income-Generating Units, 100% Occupancy, Reliable Rental Income, Room for Expansion, Prime Location in Whitwell! 2 of 5 units have just been completely renovated!
Unique property that offers an abundance of opportunity for the savvy investor or homeowner looking to have an income producing property. The larger building offers a living room upon entering and an open concept living space that encompasses a small kitchen. There is also a small laundry room and full bath. Second building offers a studio style duplex with open living space, small kitchen, laundry area and full bath. There is also an adorable tiny house. It is cozy as can be! City has state these could possibly be zoned commercial. There was a lovely house on the back side of the lot and perhaps another could be built there. The house burned and Sellers had the debris removed. This property offers a blank canvas for Buyer to dream it and realize it!
The median home value in Whitwell, TN is $174,000. This is lower than the county median home value of $191,800. The national median home value is $338,100. The average price of homes sold in Whitwell, TN is $174,000. Approximately 59.92% of Whitwell homes are owned, compared to 20.04% rented, while 20.04% are vacant. Whitwell 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 Whitwell real estate agent to arrange a tour today!
Whitwell, Tennessee 37397 has a population of 1,771. Whitwell 37397 is more family-centric than the surrounding county with 27.54% of the households containing married families with children. The county average for households married with children is 20.48%.
The median household income in Whitwell, Tennessee 37397 is $62,500. The median household income for the surrounding county is $47,835 compared to the national median of $69,021. The median age of people living in Whitwell 37397 is 45.9 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 56.6 inches per year, with 1.7 inches of snow per year.