$650,000
( )
 $3,489 est/mo Sourced by Back At You

1841 Main St,Jasper, TN 37347

Jasper, TN 37347

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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 & trash. 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.

Details

MLS #2867638
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1996
Days On Site67
Listing Provided ByeXp Realty | Gabrielle (Gabbie) McIntosh

Features

SQ Feet9,600
ZoningC-2
Acreage3.13

Interior

Heating Yes / NoNo
Cooling Yes / NoNo

Exterior

RoofMetal

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Learn More About This Property

StateTN
CountyMarion County
CityJasper
Zip Code37347
AreaMarion County | TN
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $487K - $812K
SqFt: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
1841 Main St Property Photo 1
$650,000
1841 Main St
Jasper, TN 37347
Listing Updated: July 3, 2025 at 11:45:28 AM PDT