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33599631
33599634

177 Roper Rd, Copperhill, TN 37317

JS
TN 378070
Charles Hawkins Co.
WT
TN 379543
Charles Hawkins Co.
GF
TN 353905, GA 446825
Charles Hawkins Co.
Listed by Charles Hawkins Co.
$1,950,000
0 days on market
Updated 0 days ago

Ocoee Mountain Cottages

Details
Property Type Mobile Home Park
Units 19
NOI $153,203
Pro-Forma NOI $266,966
Acreage 32.000
Investment Type Value Add

Mobile Home Park | 55 Pads

Marketing description

The Charles Hawkins Company is pleased to present 177 Roper Rd, Copperhill, TN 37317, a newly developed mountain-cottage community (Ocoee Mountain Cottages) in Copperhill, Tennessee. Positioned in the scenic Copper Basin at the Tennessee-Georgia state line, the property offers immediate access to the Ocoee and Toccoa Rivers, the Blue Ridge Mountains, and a steady flow of outdoor-driven tourism. These newly constructed park-model homes provide a turnkey, low-maintenance housing option ideal for personal use, long-term tenancy, and second home/vacation home buyers. The community benefits from modern infrastructure, attractive natural surroundings, and close proximity to recreation, dining, and entertainment throughout Copperhill, McCaysville, and Blue Ridge.

The property is zoned for up to 74 pads, with current ownership planning 55 total sites across roughly 32 acres. Phase I development has recently been completed, delivering 19 home-ready pads, 9 of which are already occupied with brand-new park-model homes. Phase II development is in progress and currently includes 8 additional pads that require utility connections but are fully accessible via existing road and pad infrastructure. Development plans and drawings are available upon request. Occupied homes are currently collecting $500 per month in lot rent after home purchase, producing stable, predictable pad-lease income with significant capital recoup from home-sales.

The community features include a fenced dumpster and waste area, security system, and in-home bathrooms and laundry for all units. The property operates on well water, septic systems, and direct-billed electrical service, resulting in efficient utility management and reduced operational oversight. Amenities include shaded, smooth gravel roads, community firepits, high-speed fiber optic cable internet, sunrise/sunset viewing pavilion and decks, a beautiful mountain setting complemented by ¼ mile walking trails, and a recently refurbished pond with a new liner.

With its strategic location, modern construction, phased development progress, and multiple avenues for rental or expansion upside, Ocoee Mountain Cottages represents a compelling opportunity to acquire a scalable, income-producing cottage community in a growing Southeast mountain market. 

Investment highlights

  • Units/Amenities
  • 74 Pads Allowed by Zoning-55 Planned by Current Ownership | ± 32 total acres
  • All homes are tenant owned
  • Phase 1 Development Recently Completed (19 home ready pads, 9 currently occupied with brand-new park-model homes, STRs/AirBnB/Vrbo permitted)
  • Phase 2 Development in Progress (16 pads needing utilities, but accessible via in-place road/pad infrastructure)
  • Development Plans/Drawings Available upon request
  • Occupied homes collect $500/month for Lot Lease post-home-purchase (5-year Lease)
  • Fenced dumpster/waste area
  • 3/4 mile Walking Trails - Planned to be lengthened as development is phased out
  • Refurbished Pond - New liner
  • Well Water | Septic | Direct-Billed-to-Tenant Electrical
  • New pump house and 3,250-gallon underground, potable water tank - provides ample water to phases I & II along with pumps for excellent water pressure at each home and in-line UV filters for enhanced water quality
  • Value Add Opportunities
  • Significant expansion potential via undeveloped pads (approx. 47)
  • Immediate Expansion Potential via partially developed pads (16)
  • Immediate Capital Recoup via Home Sales on Remaining Pads

Listing Contacts

JS
TN 378070
Charles Hawkins Co.
WT
TN 379543
Charles Hawkins Co.
GF
TN 353905, GA 446825
Charles Hawkins Co.
Listed by Charles Hawkins Co.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$153,203.00
$12,766.92/mo

Valuation Metrics

0
DSCR
7.86%
Cap Rate
7.86%
ROI

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Additional Information

Name
Jake Stumb
License
378070
Brokerage
Charles Hawkins Co.
Brokerage Phone
6157881241
Title
Affiliate Broker
Brokerage Address
2920 Berry Hill Drive
Name
Walker Tuten
License
379543
Brokerage
The Charles Hawkins Co
Title
Vice President, Brokerage
Name
Georgia Fletcher
License
353905
Brokerage
The Charles Hawkins Co
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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