Manufactured Home Park
For Sale
$650,000
225 Highway 895, Williamsburg, KY 40769
Two Whitley County properties combine a duplex with eight manufactured homes across rural residential sites.
Property Size8,000 SF
Lot Size11.70 Acres
Price / SF$81.25
Days on Market149
Property Features for 225 Highway 895
General Information
Standard status
Active
Size
8,000 SF
Lot size
11.70 Acres
Property subtype
Mobile Home Park
Financials
Cap Rate
8.03%
Gross Income
$87,000
Gross Rent Multiplier
7.47
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x duplex unit, 8 x manufactured home
Multifamily Units
10
Mobile Home Lots
8
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1988
Listing Agency:
CENTURY 21 Advantage Realty
(606) 878-0021
Listed By:
Connie Hunt · License #219409
(606) 304-4707
Source:
Mdmitchellrealestate
Added: Jun 5
Changed: Oct 29
Last Checked: Oct 29 at 2:58PM
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 CENTURY 21 Advantage Realty
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Investment Insights
Based on property information with market context.
This two-property rental package contains 10 units across 11.70 acres in Whitley County, Kentucky. One site is a duplex on 0.50 acres; the other is an 11.2-acre tract with eight manufactured homes. The portfolio dates to 1988, and its reported metrics include an 8.03% cap rate and a 7.47x GRM.
The properties are at 3641 W Highway 204 in Canadatown and 225 Highway 895 in White Town. Both are within the Whitley County School District and receive electric service from Cumberland Valley Electric. The 11.2-acre property includes additional land, and the two sites are offered together as one package.
The properties are at 3641 W Highway 204 in Canadatown and 225 Highway 895 in White Town. Both are within the Whitley County School District and receive electric service from Cumberland Valley Electric. The 11.2-acre property includes additional land, and the two sites are offered together as one package.
Key Highlights
- 10 rental units across two properties
- 11.70 acres combined: a 0.50‑acre duplex site and an 11.2‑acre manufactured‑home tract
- Eight manufactured homes on the Highway 895 property
Property Analytics
Who owns this building?
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Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
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Business Placement
Demographics for 40769, KY
18,481
Population
7,486
Households
2.5
Avg Household Size
36
Median Age
18%
College-Educated
82%
High-School Grad
280.8 sq mi
ZIP Area
66
Density / Sq Mi
$41,772
Median Household Income
$24,924
Median Earnings
$729
Median Rent
$94,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Two Whitley County properties combine a duplex with eight manufactured homes across rural residential sites.
Where is this mobile home & rv park located?
The property is located at 225 Highway 895 Williamsburg, KY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 10 rental units across two properties; 11.70 acres combined: a 0.50‑acre duplex site and an 11.2‑acre manufactured‑home tract; Eight manufactured homes on the Highway 895 property
