207 Garland Loop Big Stone Gap, VA 24219

Building Details

Year Built

9999

Listing Agency: Park Hill Realty Group, LLC k***@yahoo.com Show Phone

Listed By: Robert Smith · License #0225262208, Show Phone

Source: Compass

Added: May 10 Changed: Jul 23 Last Checked: Jul 24 at 1:56PM

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Investment Insights

Based on property information with market context.

Forest Hills Trailer Park is a mobile home and RV park on 12.18 surveyed acres with a total of 28 lots. The property currently includes 17 rented mobile homes, 3 additional lot renters, and 4 vacant lots that are ready for expansion. There are also 4 lots with older units that may be suitable for redevelopment or replacement.

Set within wooded surroundings with mountain views, the park is positioned near town amenities. Current gross monthly income averages approximately $7,200.

For buyers seeking a value-add opportunity, the mix of occupied sites, vacant expansion lots, and redevelopment-ready units provides multiple paths to increase returns through improvements, additional rentals, or further development of the existing park.

Key Highlights

• Forest Hills Trailer Park on 12.18 surveyed acres with 28 total lots
• Currently includes 17 rented mobile homes plus 3 additional lot renters
• 4 vacant lots ready for expansion and 4 lots with older units ready for redevelopment or replacement

Property Analytics

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FAQs

What type of property is this?

Mobile home & RV park - Mobile home park with 28 lots, including 17 rented homes and multiple vacant and redevelopment-ready sites.

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: Forest Hills Trailer Park on 12.18 surveyed acres with 28 total lots; Currently includes 17 rented mobile homes plus 3 additional lot renters; 4 vacant lots ready for expansion and 4 lots with older units ready for redevelopment or replacement