Building

Year Built

1999

Accessibility Features YN

No

Lot

Lot Size Acres

1.173

Lot Size Square Feet

51095.88

Utilities

Cooling YN

Yes

Heating YN

Yes

Electricity Connected

Yes

Water Connected

Yes

Remarks

Public Remarks

CASH FLOW FROM DAY ONE -- THREE INCOME-PRODUCING MANUFACTURED HOMES IN ONE OF KENTUCKY'S MOST UNDERSERVED RENTAL MARKETS. Affordable housing inventory in Williamsburg is critically low and rental demand has never been stronger, driven by 7,600+ students at the University of the Cumberlands, a growing healthcare workforce at Baptist Health Corbin, and steady I-75 traveler traffic. Three tenants. Three income streams. $2,250/month. $27,000/year. One smart acquisition. 130, 150, and 240 Sheila Circle sit in Sandy Acres Subdivision on a combined 1.21 acres of flat, usable land -- a rare find in Whitley County. Hold long-term as traditional rentals, convert to short-term Airbnb-style units, or land-bank the acreage while collecting rent. This portfolio checks every box. THE PROPERTIES: 130 Sheila Circle -- 1999 Fleetwood Sunpoint (14x60) on 1.17 acres, the newest and most land-rich of the three. 150 Sheila Circle -- 1994 Belmont (14x60), solid and affordable, pencils out beautifully as a long-term rental. 240 Sheila Circle -- 1990 Belmont Premier (14x70), the largest footprint, ideal for families and UC students. All three are single-story, R-5 zoned, Whitley County Schools. LOCATION: University of the Cumberlands -- 1.5 miles; 7,600+ students, chronic off-campus housing shortage. Baptist Health Corbin Williamsburg Campus -- under 2 miles; reliable healthcare worker tenant pool. I-75 Exit 11 -- under 1 mile; direct interstate access. The Mint Cumberland Gaming Hall -- under 1 mile; 550+ gaming machines, sports betting, draws thousands of regional visitors monthly. Walmart Supercenter -- 1.5 miles. Cumberland Regional Mall and downtown dining -- within 2 miles. Lexington, KY -- 100 miles north via I-75. Knoxville, TN -- 70 miles south via I-75. WHY THIS MARKET: Williamsburg is not speculative -- it is proven. Fewer than 10 rentals are typically listed near UC at any given time. Short-term rental hosts in Williamsburg average $11,700+/year at $125/night. The Baptist Health workforce, UC faculty, students, and I-75 travelers create overlapping tenant pools that keep vacancy low and rents stable. Three homes. 1.21 acres. $27,000/year in rent. A university town with chronic rental shortages. Homes like these do not sit in Williamsburg. Sold as-is. Buyer to verify all sq footage, bed/bath counts, and details. Shown by appointment.

Showing Information

Showing Instructions

Schedule via showing time, contact listing agent

Tax & Legal

Tax Rate

1.058

Zoning

Other

Directions

From I-75 take Exit 11 (KY-92). Merge onto I-75 N. Take Exit 15 (US-25W) toward Williamsburg. Turn onto US-25W, then turn onto KY-836. Follow KY-836 to Sheila Circle. Properties at 130, 150, and 240 S

Association/Community

Number Of Buildings

3

Basement

Crawl Space

Yes

Cooling

Electric

Yes

Heating

Electric

Yes

Parking Features

Gravel

Yes

On Site

Yes

Possession

Subject To Tenant Rights

Yes

Sewer

Septic Tank

Yes

Water Heater

Electric

Yes

Business Type

Mobile/Trailer Park

Yes

Sale Includes

Building(s)

Yes

Leases

Yes

Showing Requirements

Call Listing Agent

Yes

Restricted Hours

Yes

Showing Service

Yes

Property Features