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12-Lot RV Park with Expansion
For Sale
Contact for pricing
Pending

20 Wigley Loop, Whitwell, TN 37397

4.3-acre RV park with 12 lots, individually metered water and electric, plus room for additional lot expansion.

Property Size9,000 SF
Lot Size4.30 Acres
Days on Market569

Property Features for 20 Wigley Loop

General Information

Standard status Pending
Size 9,000 SF
Class C
Lot size 4.30 Acres
Property subtype Multifamily
Net Operating Income $39,104

Building Details

Year Built 1990
Stories 1
Units 12
Listing Agency: Keller Williams Realty Greater Downtown
Listed By: Ashley Brumley · License #312381
Source: Crexi
Added: Feb 13, 2025 Changed: Aug 8 Last Checked: Jul 24 at 1:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Greater Downtown

Investment Insights

Based on property information with market context.

This for-sale RV park/mobile home park consists of 4.3 acres with 12 total lots. Existing units are individually metered for both water and electric, supporting straightforward utility management. The property also includes work-in-place for near-term income growth, with two units identified for remodeling and three lots currently ready to go with a power pole, septic tanks, and water meters in place.

Additional expansion room is noted for 10 to 15 more lots, subject to further development.

The seller notes owner financing may be available, and an attached financial summary references a 10% cap rate that could increase to a 20% cap rate with some improvements (see attached docs for details). Located at 20 Wigley Loop in Whitwell, TN 37397.

Key Highlights

  • 4.3‑acre RV park with 12 total lots
  • All units have individually metered water and electric
  • Includes 3 lots ready to go with power pole, septic tanks, and water meters

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply HVAC Service Grocery & Convenience Store Butcher Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 37397, TN

9,928
Population
4,709
Households
2.1
Avg Household Size
44
Median Age
14%
College-Educated
80%
High-School Grad
149.3 sq mi
ZIP Area
66
Density / Sq Mi
$55,776
Median Household Income
$33,569
Median Earnings
$754
Median Rent
$160,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 4.3-acre RV park with 12 lots, individually metered water and electric, plus room for additional lot expansion.
Where is this mobile home & rv park located?
The property is located at 20 Wigley Loop Whitwell, TN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 4.3‑acre RV park with 12 total lots; All units have individually metered water and electric; Includes 3 lots ready to go with power pole, septic tanks, and water meters
More about this property
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