MIDDLE TENNESSEE REAL ESTATE
MIDDLE TENNESSEE REAL ESTATE
1841 Main Street, Jasper, TN 37347 For Sale
- 1,200 sq ft
Description
Exceptional mobile home park investment opportunity in Kimball, Tennessee, located in the fast-growing Jasper/Kimball corridor! This well-maintained 10-lot mobile home park includes 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes, generating $91,500 in gross annual income with a strong 11%+ Cap Rate, ideal for investors seeking turnkey cash flow and long-term growth. Extensive property upgrades feature new metal roofs, PEX plumbing, updated interiors, gravel driveways, and enhanced infrastructure. Utilities include tenant-paid electric and city water, keeping owner expenses low. A reliable, experienced property manager is in place and willing to stay with new ownership, ensuring smooth operations. The park offers excellent expansion potential (pending city approval) with space to add 2-3 additional spaces and an existing structure ready for conversion to boost income. Located minutes from major highways and economic hubs, this mobile home park is strategically positioned to benefit from the region's robust population growth and rising demand for affordable housing. Investors can unlock further upside through water submetering and market-aligned rent adjustments. Strong occupancy and a waiting list provide stability and income security. The property includes a fully maintained septic system infrastructure. This is a rare opportunity to acquire a fully operational, cash-flowing mobile home park in one of Tennessee's most promising investment markets. Professional photos coming soon!
Property Details
Status : Active
Source : RealTracs, Inc.
County : Marion County, TN
Property Type : Residential Income
Area : 1,200 sq. ft.
Year Built : 1980
Exterior Construction : Vinyl Siding,Other
Floors : Laminate,Vinyl,Other
Heat : Electric,Propane
HOA / Subdivision : None
Listing Provided by : eXp Realty
MLS Status : Active
Listing # : RTC2867511
Schools near 1841 Main Street, Jasper, TN 37347 :
Jasper Elementary School, Jasper Middle School, Marion Co High School
Additional details
Heating : Yes
Parking Features : Detached,Driveway,Gravel
Building Area Total : 1200 Sq. Ft.
Living Area : 1200 Sq. Ft.
Office Phone : 8885195113
Accessibility Features : Accessible Entrance
Possession : Close Of Escrow
Cooling : 1
Levels : Three Or More
Stories : 1
Utilities : Water Available
Sewer : Septic Tank
Virtual Tour
Location 1841 Main Street, TN 37347
Directions to 1841 Main Street, TN 37347
Directions from Chattanooga: Take I-24 W toward Nashville for approximately 26 miles. Merge onto US-64 W/US-72 W via Exit 152 toward South Pittsburg/Jasper. Continue for about 5 miles, then take the exit toward Kimball. Turn right onto Main Street. Follow Main Street for approximately 1.5 miles; the property at 1841 Main Street will be on your right.
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