1841 Main St, Jasper, TN 37347
(MLS # 1314020)
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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.
| LAST UPDATED | 9/2/2025 | YEAR BUILT | 1982 |
|---|---|---|---|
| COMMUNITY | Marion County | COUNTY | Marion County |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Other, Range, Refrigerator, Self Cleaning Oven |
| AREA | Marion County |
| CONSTRUCTION | Other, Vinyl Siding |
| HEAT | Central, Electric, Propane |
| LOT DIMENSIONS | 769x180x381x150x402 |
| PARKING | On Site |
| TAXES | 1192 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with eXp Realty, LLC
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