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About This Home
This 0-bedroom, 0-bathroom commercial at 150 Sheila Circle in Williamsburg, KY is listed for $300,000 ($113 per sqft). Built in 1999, the home offers 2,660 sqft of living space on a 0.02 acres lot.
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.
Key Features
- Built in 1999
- 0.02 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
150 Sheila Circle
Williamsburg, KY 40769
Sandy Acres
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 150 Sheila Circle is listed at $300,000 ($113/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.
Key features include: Built in 1999, 0.02 acre lot.
This property is listed by Misty Lewis and can be reached at 6065211361 or mprewitt@century21advantage.com.
