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207 Garland Loop, Big Stone Gap, VA 24219 - $525,000

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Property Facts

Property Type: Multi Family

Sub Type: Multi Family

Status: Active

Year Built: 9999

Lot Acreage: 12.18

Lot Dimensions: 12.18

City Taxes: $880.88

County Taxes: $1,381.38

Elementary School: Union

Middle School: Union

High School: Union

Description

Investor's dream opportunity in the heart of Big Stone Gap! Welcome to Forest Hills Trailer Park - a massive income-producing property featuring breathtaking wooded surroundings and mountain views on 12.18 surveyed acres. This rare investment opportunity offers 28 total lots with incredible upside potential and room for future growth. Currently featuring: * 17 rented mobile homes * 3 additional lot renters * 4 vacant lots ready for expansion * 4 lots with older units ready for redevelopment or replacement Current gross monthly income averages approximately $7,200/month with tremendous opportunity to increase cash flow through improvements, additional rentals, or expansion of the existing park. The property offers a peaceful setting surrounded by nature while still being conveniently located near town amenities, making it highly attractive for long-term tenants. Whether you're an experienced investor looking to expand your portfolio or searching for a high-potential value-add property, Forest Hills Trailer Park delivers endless possibilities. Opportunities like this with acreage, infrastructure already in place, and strong upside potential rarely hit the market. Don't miss your chance to own one of the area's most unique income-producing properties!

Features & Amenities

  • Heat Pump
  • Level Lot
  • Metal Siding Exterior
  • Part Wooded Lot
  • Public Sewer
  • Public Water
  • Sloped Lot
  • Window Unit(s)

Listing Courtesy

Park Hill Realty Group, LLC