Lot 1 Block 1 Freeman Street, Thorne Bay, AK 99919

Property Description

Income-Producing Trailer Park Opportunity in Thorne Bay, Alaska! This well-established tract offers six rentable spaces, with four tenants currently in place (all spaces rented), providing immediate rental income. Tenants own their own trailers, keeping ownership responsibilities straightforward for the landlord. Each space is equipped with water, sewer, and electric service, making it easy to attract and retain occupants. Located in the charming coastal community of Thorne Bay, this property benefits from no property taxes, enhancing overall cash flow and long-term returns. Part of the tract remains unimproved, offering excellent potential for expansion or additional income opportunities. With strong demand for affordable housing and room to grow, this is a rare, low-maintenance investment opportunity in Southeast Alaska. The Thorne Bay Trailer Court presents an excellent opportunity to acquire an established, income-producing property with significant potential for increased revenue and improved land utilization. The property consists of approximately 1.25 acres with six established trailer spaces, each equipped with individual water, sewer, and electrical service. There is also additional room on the property that may provide an opportunity for a new owner to add additional trailer spaces, subject to applicable requirements and approvals, further increasing the income potential. All six spaces are currently occupied by four long-term tenants, providing an established tenant base and immediate rental income.