Listing Agency: Century 21 Virginia Wilder Real Estate

Listed By: Megan Stanaford · License #VA

Source: Crexi

Added: Apr 14 Changed: Aug 30 Last Checked: Aug 30 at 3:59AM

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Investment Insights

Based on property information with market context.

This income-producing residential property includes a 14-unit apartment complex along with five mobile homes. Apartment layouts include three-bedroom and two-bedroom residences, a studio, and a HUD-approved three-bedroom, two-bath doublewide. The mobile home mix includes one four-bedroom, two-bath home and two two-bedroom, one-bath homes; one mobile home requires interior updating. Other units have been updated, with newer metal roofs, water heaters, kitchen appliances, and replaced HVAC systems.

An on-site laundry facility serves tenants and includes newer washers and dryers. The property occupies more than five acres and is connected to city water and city sewer, with internet, cable, and garbage pickup identified among the available services. The apartment complex was built in 1997, while the manufactured homes range from 1994 to 1996. Showings are available by appointment with advance notice to respect tenant privacy.

Key Highlights

• 14‑unit apartment complex plus 5 mobile homes
• More than five acres with city water and city sewer
• Apartment mix includes studio, 2‑bedroom, and 3‑bedroom units

Property Analytics

Property Profile

Current Use

Mobile home & RV ...

Suggested Use

Top Pick HVAC Service Hair Salon Auto Parts Store Plumbing Service Building Supply Nail Salon

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

108

Businesses Nearby

Explore this area Business Placement

Demographics for 37762, TN

2,893

Population

1,419

Households

2

Avg Household Size

46

Median Age

21%

College-Educated

84%

High-School Grad

15.2 sq mi

ZIP Area

190

Density / Sq Mi

$43,923

Median Household Income

$38,830

Median Earnings

$428

Median Rent

$151,400

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Income-producing property with apartment units, mobile homes, tenant laundry, and updated major systems.

Where is this mobile home & rv park located?

The property is located at 1331 Greenlee Ln Jellico, TN.

What are key features of this property?

This property features: 14‑unit apartment complex plus 5 mobile homes; More than five acres with city water and city sewer; Apartment mix includes studio, 2‑bedroom, and 3‑bedroom units