The property sits along Happy Hollow Road in Madisonville, Tennessee and offers flexibility for smart investors. Built in 2007, this double-wide manufactured home delivers over twenty-four hundred square feet of usable space. Because the land spans five unrestricted acres, ownership opens several development paths. Moreover, Monroe County continues to show strong demand for rental housing with acreage. Investors often seek assets that combine land control with functional structures. Therefore, this opportunity supports growth through renovation, rental income, or future subdivision.
Functional Home with Value-Add Potential
The home provides three bedrooms, two bathrooms, and a bonus room that supports flexible use. An island kitchen anchors the interior and encourages practical daily flow. Additionally, a wood-burning fireplace adds appeal for long-term occupants. While cosmetic updates and repairs will raise value, the footprint supports efficient improvement plans. Because the layout already works well, renovation efforts can focus on finishes. Consequently, investors can control budgets while targeting meaningful upside.
Unrestricted Land and Development Flexibility
The five-acre tract offers full unrestricted use, which expands exit strategy options. Owners can subdivide the land into multiple home sites if desired. Additionally, the acreage supports tiny homes, manufactured housing, or RV pads. Because zoning limitations do not apply here, planning remains flexible and creative. Investors value land that adapts to market conditions. As a result, this property supports both short-term projects and long-term development strategies.
Rental Demand and Income Strategies
Homes on acreage continue attracting renters across Monroe County. This setting appeals to tenants seeking privacy, outdoor space, and quieter surroundings. Moreover, well and septic systems help reduce ongoing utility costs. Investors can pursue long-term rentals, short-term stays, or portfolio expansion. Because financing options include cash or conventional routes, closing timelines stay efficient. Therefore, the property aligns with multiple income-focused approaches.
Pricing, ROI, and Exit Options
The competitive list price of one hundred fifty thousand dollars supports strong return potential. Value-add improvements can raise rental income or resale appeal. Additionally, land subdivision may unlock further equity. Because the asset combines structure and land, exit timing remains flexible. Investors can renovate and hold, refinance, or sell strategically. Consequently, this property delivers control over both timeline and outcome.
Location and Long-Term Appeal
Madisonville offers a growing rural market with consistent housing demand. The location supports access to services while maintaining a countryside feel. Moreover, unrestricted acreage near town continues gaining interest among investors. Because properties like this grow harder to find, competition often follows. Buyers who act early secure positioning advantages. Ultimately, this opportunity rewards vision, planning, and execution.
If you’re interested in learning more about this property, please contact the listing agent through the Zillow link provided below the photos.
Listed on Zillow.
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