Income-Producing Property in Big Stone
207 Garland Loop Big Stone Gap, VA 24219
207 Garland Loop, Big Stone Gap, VA, 24219
$525,000
For Sale
$525,000
MULTI_FAMILY - Big Stone Gap, VA
Lot Size12.18 Acres
Days on Market67
Property Features for 207 Garland Loop
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R
- Bedrooms
- 12
- Rooms
- Bedroom 8, Bedroom 3, Bedroom 5, Bedroom 11, Bedroom 10, Bedroom 6, Bedroom 7, Bedroom 12, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 2
- Standard status
- Active
- APN
- 000358
- Lot size
- 12.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1381
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Window Unit(s), Heat Pump
- Water source
- Public
Building Details
- Number of units
- 28
- Building materials
- Metal Siding
Listing Agency
Park Hill Realty Group, LLC
(423) 530-5224
208 Cherokee Street, KINGSPORT, VA
Listed by
Robert Smith · License #0225262208, 384142
(276) 870-7096
Added: May 11 Checked: Jul 16 at 6:06 pm
MLS# 9995229
Listing URL
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Big Stone Gap, Virginia, Forest Hills Trailer Park presents an investment opportunity on 12.18 surveyed acres. This income-producing property features wooded surroundings and mountain views. The property includes 28 total lots, offering potential for future growth. Currently, there are 17 rented mobile homes, 3 additional lot renters, 4 vacant lots available for expansion, and 4 lots with older units suitable for redevelopment or replacement. The current gross monthly income averages approximately $7,200. The property's location offers a peaceful setting near town amenities, making it attractive for long-term tenants. This property is zoned R. It is suited to mobile home and RV parks, multifamily properties, and residential income properties.
Key Highlights
- High‑income potential with existing gross monthly income of approximately $7,200.
- Significant upside potential through improvements, additional rentals, and expansion on 12.18 surveyed acres.
- 28 total lots, including 17 rented mobile homes, 3 lot renters, and 4 vacant lots ready for immediate expansion.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Massive income-producing property with wooded surroundings and mountain views.
Where is this mobile home & rv park located?
The property is located at 207 Garland Loop Big Stone Gap, VA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: High‑income potential with existing gross monthly income of approximately $7,200.; Significant upside potential through improvements, additional rentals, and expansion on 12.18 surveyed acres.; 28 total lots, including 17 rented mobile homes, 3 lot renters, and 4 vacant lots ready for immediate expansion.
