904 Trotter Way - Mobile Home Park

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30396919
Property Subtypes: Mobile Home Park
Status: Pending/Contingent
Number of Units: 36 Units
Building Size (RSF): 36,000 SF
Gross Building Area: See Agent
Gross Land Area: 9.50 Acres
Sale Price: $975,000
Unit Price: $27,083.33 Per Unit
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/15/2019

Overview / Comments

GREAT INVESTMENT OPPURTUNITY! 10.3 ACRES partially developed into a 6 ACRE-40 lot mobile home park with an approx. 4 ACRES yet to be developed! CENTRAL LOCATION TO EVERYTHING! This property is located less than 2 miles from Jimmy Buffett’s Island and Margaritaville Hotel in Pigeon Forge and only 3 miles to Dolly Parton’s DOLLYWOOD! Even though this is a mobile home park it is serviced by city water and sewer. Leave it as it is and collect the nearly $80,000 per year in rents…or re-develop into a much larger project. Large acreage tracts like this in the Pigeon Forge area are indeed a RARE find and even more RARE when they have city water and sewer already run to the site. This property will not last long so if you have an interest then we suggest you make your way to the property for a visit! It’s NO SECRET that Sevierville, Pigeon Forge and Gatlinburg are bulging at the seams and in dire need of high density rentals, condo’s or resort style property.

Additional Details

Nearest MSA: Sevierville
County: Sevier
Taxing Authority: Pigeon Forge
Tax ID/APN: 083 143.02
Zoning: C-6
Highway Access: It is off of Ridge Road in Pigeon Forge.
Site Description: Mobile Home Park with approx 3.5 acres undeveloped.
Fuel: Electric
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,403 15,166 24,121
Median Age: 38.1 38.14 39.7
Households: 1,270 5,769 9,553

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