$325,000
Johnson City, TN 37601
MLS# 9974855
Status: Closed
2228 sqft
1 / 59
Property Description
Small Trailer Park with Incredible Investment Potential - Discover a unique investment opportunity with this small trailer park located on over 1.5 acres of prime land. Situated at 1966 & 1972 King Springs Rd., this property is fully rented and generates a steady income, with exciting potential for expansion and additional revenue streams. Property Features: - Doublewide Mobile Home (1966 King Springs Rd.): - 3 bedrooms, 2 bathrooms - Currently rented for $1,400/month - Connected to public water & sewer - Singlewide Mobile Home #1 (1972 #1 King Springs Rd.): - 2 bedrooms, 2 bathrooms - Currently rented for $1,200/month - Singlewide Mobile Home #2 (1972 #2 King Springs Rd.): - 2 bedrooms, 1 bathroom - Currently rented for $1,000/month - RV on Property: - Currently rented for $500/month - Site-Built Home: - In need of renovation but offers excellent potential for conversion into a 1-bedroom, 1-bathroom rental unit. Income Potential: - Current Monthly Income: $4,100 - Future Potential Income: - Renovated home - Additional mobile home spots: Potential for 2-3 units Additional Highlights: - Public water access serves the entire property. - Public sewer connected to doublewide - Utilities (electric and water) are included in current rental rates. - Ample land for adding additional units, creating an expanded trailer park, or increasing rental income. This property offers an established income stream with the flexibility to grow even further. Whether you're a seasoned investor or just entering the rental market, this is a rare opportunity to own a fully occupied trailer park with high demand and untapped potential. Schedule your showing today to explore this incredible investment opportunity!Buyer/Buyer's Agent to verify all info.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 047f C 016.02 & 047f C 016.03
City Taxes: 0
County Taxes: 382.05
Contract Info
List Price/SqFt: 157.09
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 350000
Current Price: $325,000
Listing Date: 2025-01-07
General Property Description
Lot Dimensions: See Survey
Acres: 1.55
Zoning: Residential
# Buildings: 3
Elementary School: Central
# of Units: 3
Middle School: Central
Total Units: 3
High School: Happy Valley
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Other
Year Built: 1991
Total SqFt: 2228
Remarks & Misc
Public Remarks: Small Trailer Park with Incredible Investment Potential -
Discover a unique investment opportunity with this small trailer park located on over 1.5 acres of prime land. Situated at 1966 & 1972 King Springs Rd., this property is fully rented and generates a steady income, with exciting potential for expansion and additional revenue streams.
Property Features:
- Doublewide Mobile Home (1966 King Springs Rd.):
- 3 bedrooms, 2 bathrooms
- Currently rented for $1,400/month
- Connected to public water & sewer
- Singlewide Mobile Home #1 (1972 #1 King Springs Rd.):
- 2 bedrooms, 2 bathrooms
- Currently rented for $1,200/month
- Singlewide Mobile Home #2 (1972 #2 King Springs Rd.):
- 2 bedrooms, 1 bathroom
- Currently rented for $1,000/month
- RV on Property:
- Currently rented for $500/month
- Site-Built Home:
- In need of renovation but offers excellent potential for conversion into a 1-bedroom, 1-bathroom rental unit.
Income Potential:
- Current Monthly Income: $4,100
- Future Potential Income:
- Renovated home
- Additional mobile home spots: Potential for 2-3 units
Additional Highlights:
- Public water access serves the entire property.
- Public sewer connected to doublewide
- Utilities (electric and water) are included in current rental rates.
- Ample land for adding additional units, creating an expanded trailer park, or increasing rental income.
This property offers an established income stream with the flexibility to grow even further. Whether you're a seasoned investor or just entering the rental market, this is a rare opportunity to own a fully occupied trailer park with high demand and untapped potential.
Schedule your showing today to explore this incredible investment opportunity!Buyer/Buyer's Agent to verify all info.
Directions: From Milligan Highway, turn on to King Springs Rd. See property on left.
Property Condition
Average: 1
Other Structures
Garage(s): 1
Outbuilding: 1
RV/Boat Storage: 1
Exterior Finish
Metal Siding: 1
Vinyl Siding: 1
Unit 1
# Units: 1
# Bedrooms: 3
# Bathrooms: 2
SqFt: 920
Monthly Rent: 1400
Unit 2
# Units: 1
# Bedrooms: 2
# Bathrooms: 1
SqFt: 564
Monthly Rent: 1000
Style
See Remarks: 1
Roof
Metal: 1
Unit 3
# Units: 1
# Bedrooms: 2
# Bathrooms: 2
SqFt: 744
Monthly Rent: 1200
Levels
One: 1
Heating
Heat Pump: 1
Info Available
Survey: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Septic Tank: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Topography/Lot Description
Level: 1
Rolling Slope: 1
Flooring
Carpet: 1
Laminate: 1
Luxury Vinyl: 1
Easements
See Remarks: 1
Financing
Cash: 1
Parking Features
Asphalt: 1
Detached: 1
Driveway: 1
Gravel: 1
Parking Pad: 1
RV Access/Parking: 1
Shared Driveway: 1
Existing Finance
None: 1
Other Rooms
Laundry: 1
Primary Bathroom: 1
Primary Bedroom: 1
Sitting: 1
See Remarks: 1
Porch/Patio/Deck
Front Porch: 1
Structure Type
Manufactured House: 1
Body Type
Double Wide: 1
Single Wide: 1
Location Tax Legal Info
Street #: 1966&1972
Street Name: King Springs
St Suffix: Road
County: Carter
State/Province: TN
Zip Code: 37601
Status Change Info
Date Pending: 2025-01-23
Sold Date: 2025-02-20
Sold Price: $325,000
Property Features
Property Condition: Average
Style: See Remarks
Levels: One
Exterior Finish: Metal Siding; Vinyl Siding
Appliances: Dishwasher; Dryer; Electric Range; Refrigerator; Washer
Flooring: Carpet; Laminate; Luxury Vinyl
Roof: Metal
Other Rooms: Laundry; Primary Bathroom; Primary Bedroom; Sitting; See Remarks
Parking Features: Asphalt; Detached; Driveway; Gravel; Parking Pad; RV Access/Parking; Shared Driveway
Other Structures: Garage(s); Outbuilding; RV/Boat Storage
Heating: Heat Pump
Water: Public
Sewer: Public Sewer; Septic Tank
AC: Heat Pump
Structure Type: Manufactured House
Body Type: Double Wide; Single Wide
Info Available: Survey
Easements: See Remarks
Financing: Cash
Existing Finance: None
Listing Office: RE/MAX Preferred
Last Updated: February - 05 - 2026
Information deemed reliable but not guaranteed.