434 N Pine St, Whitwell, TN 37397
- Beds
- 10
- Baths
- 6
- Sqft
- 4,000
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Overview
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.
Location
Full feature list
Basic info
- Property type
- House
- Number of stories
- 1
- Number of bedrooms
- 10
- Number of bathrooms
- 6
- Square feet
- 4,000
- Lot size (acres)
- 0.94
- Year built
- 1996
Interior features
- Laundry
- In Unit
Utilities
- Heating
- Other, Electric
- Cooling
- Electric, Other
- Sewer
- Septic System
- Water
- Public Water
Taxes
- Tax Annual Amount
- $351.44
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Greater Chattanooga Realtors MLS®#: 1529118 Last checked: …

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