Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
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Manuela Gatewood

Manuela Gatewood

+1(931) 561-7570
Listed by Gabrielle (Gabbie) McIntosh • eXp Realty
$ 650,000
Est. payment | /mo

9,600 SqFt

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$ 650,000
Est. payment | /mo
Save Virtual Tour

9,600 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $67

MLS Listing ID 2867530

HOA Y/N No

Year Built 1996

Annual Tax Amount $1,819

Lot Dimensions 3.13

Property 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 with space to add 2–3 additional homes 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.

Location

State TN

County Marion County

Zoning C-2

Interior

Heating Electric, Propane

Cooling Electric

Flooring Laminate, Vinyl

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Metal

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Public

Structure Type Other,Vinyl Siding

New Construction false

Schools

Elementary Schools Jasper Elementary School

Middle Schools Jasper Middle School

High Schools Marion Co High School

Others

Special Listing Condition Standard

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Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 4
  • 6

    Jasper Middle School

    Public | 5 - 8

  • 4

    Jasper Elementary School

    Public | PK - 4

  • 0

    Jasper Adventist Christian School

    Private | 1 - 8

  • 0

    Marion Preparatory Academy

    Public | KG - 12

High Schools 1
  • 6

    Marion County High School

    Public | 9 - 12

School and business data provided by Attom Data.

Learn More About LPT Realty

Manuela Gatewood
Manuela Gatewood

Agent | License ID: 344762

+1(931) 561-7570

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1841 Main St