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1841 Main St Jasper, TN 37347

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Pending
$650,000

MULTI_FAMILY - Jasper, TN

Added:
Aug 29, 2025
Days on Market:
236
Last Refresh:
Apr 21 at 11:06 am

Property Features for 1841 Main St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
17
Rooms
Bedroom 7, Bedroom 14, Bathroom 3, Bedroom 6, Bathroom 5, Bedroom 12, Bedroom 13, Bedroom 4, Bedroom 2, Bedroom 15, Bedroom 8, Bedroom 3, Bedroom 16, Bedroom 17, Bathroom 10, Bathroom 2, Bathroom 9, Bathroom 4, Bathroom 7, Bedroom 10, Bathroom 6, Bathroom 8, Bedroom 5, Bedroom 1, Bedroom 9, Bedroom 11, Bathroom 1
Appliances
Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
Standard status
Pending
APN
119 059.02

Taxes and HOA fees

Tax Annual Amount
1192

Utilities

Heating system
Propane (Heating), Electric (Heating), Central
Cooling system
Window Unit(s), Central Air

Building Details

Year built
1982
Number of units
10
Flooring type
Vinyl, Tile, Laminate, Carpet
Building materials
Vinyl Siding
Roof type
Shingle, Metal

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Listing Contact
Jason Galaz
Jason Galaz

Listing agent Jason Galaz License #344914

Listing office eXp Realty, LLC 3401 Mallory Lane #100, Franklin, TN

Listing date Aug 29, 2025

MLS# 1314020 Listing URL

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Mobile Home Park Investment

This well-maintained 10-lot mobile home park in Kimball, Tennessee, presents an exceptional investment opportunity in the rapidly developing Jasper/Kimball corridor. The property features 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes. The park generates $91,500 in gross annual income, demonstrating a strong 11%+ Cap Rate. Recent upgrades include new metal roofs, PEX plumbing, updated interiors, and gravel driveways. The property also benefits from enhanced infrastructure. Utilities include tenant-paid electric and trash, along with city water. A reliable and experienced property manager is already in place and willing to remain with new ownership. Expansion potential exists, pending city approval, with space for 2-3 additional spaces and an existing structure suitable for conversion to further increase income. The property is strategically located minutes from major highways and economic hubs, positioning it to capitalize on the region's population growth and increasing demand for affordable housing. Additional upside can be achieved through water submetering and market-aligned rent adjustments. Strong occupancy and a waiting list contribute to income stability and security. The property includes a fully maintained septic system infrastructure. This mobile home park is a fully operational, cash-flowing asset in a promising Tennessee investment market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jasper
County
Marion
State
Tennessee
Longitude
-85.660106
Latitude
35.052627

FAQs

What type of property is this?
Mobile home & RV park - Profitable mobile home park in Jasper/Kimball corridor with expansion potential.
Where is this mobile home & rv park located?
The property is located at 1841 Main St Jasper, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: High‑Return Investment: Generates $91,500 gross annual income with an 11%+ Cap Rate, offering strong cash flow.; Turnkey Operation: Includes 7 renovated Park‑Owned Homes and a reliable property manager willing to stay, ensuring smooth transition.; Expansion Potential: Space to add 2‑3 additional spaces and an existing structure ready for conversion to further boost income (pending city approval).
More about this property
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