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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.
Property Type(s):
Multi Family
| Last Updated | 9/17/2026 | Tract | None |
|---|---|---|---|
| Year Built | 1996 | County | Marion |
SCHOOLS
| Elementary School | Whitwell Elementary |
|---|---|
| Jr. High School | Whitwell Middle |
| High School | Whitwell High School |
Additional Details
| AIR | Electric, Other |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Electric Oven, Free-Standing Refrigerator |
| CONSTRUCTION | Other |
| EXTERIOR | None |
| HEAT | Electric, Other |
| INTERIOR | Other |
| LOT | 0.94 acre(s) |
| LOT DESCRIPTION | Level |
| LOT DIMENSIONS | 176X200.7X176X208.7 |
| PARKING | Gravel |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Modular |
| SUBDIVISION | None |
| TAXES | 351.44 |
| UTILITIES | Electricity Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of Blackwell Realty and Auction
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.
Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 9/22/26 7:18 AM PDT
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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