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Turnkey Mobile Home Park Investment

1841 Main St, Jasper, TN 37347

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Pending

$650,000

MULTI_FAMILY - Jasper, TN

HighLights

10‑lot mobile home park in Kimball, TN, with 7 park‑owned homes and 3 tenant‑owned homes
Generates $91,500 in gross annual income with an 11%+ cap rate
Recent upgrades include new metal roofs, PEX plumbing, updated interiors, and gravel driveways
Utilities: tenant‑paid electric and trash; city water supplied to help keep owner expenses low
Septic system infrastructure included for the park
Expansion potential for 2–3 additional spaces pending city approval, plus an existing structure ready for conversion

We can help!

Listing Contact

Jason Galaz

Pending

$650,000

MULTI_FAMILY - Jasper, TN

Added:: Aug 29, 2025
Days on Market:: 292
Last Refresh:: Jun 16 at 3:06 pm

Property Features for 1841 Main St

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 17
Rooms: Bathroom 6, Bedroom 6, Bedroom 3, Bedroom 17, Bathroom 8, Bathroom 1, Bedroom 10, Bedroom 14, Bedroom 2, Bathroom 10, Bathroom 5, Bathroom 9, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 16, Bedroom 5, Bedroom 11, Bedroom 12, Bathroom 2, Bathroom 3, Bedroom 15, Bathroom 7, Bathroom 4, Bedroom 9, Bedroom 1, Bedroom 13
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: Electric (Heating), Central, Propane (Heating)
Cooling system: Central Air, Window Unit(s)

Building Details

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

We can help!

Listing Contact

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

HighLights

10‑lot mobile home park in Kimball, TN, with 7 park‑owned homes and 3 tenant‑owned homes
Generates $91,500 in gross annual income with an 11%+ cap rate
Recent upgrades include new metal roofs, PEX plumbing, updated interiors, and gravel driveways
Utilities: tenant‑paid electric and trash; city water supplied to help keep owner expenses low
Septic system infrastructure included for the park
Expansion potential for 2–3 additional spaces pending city approval, plus an existing structure ready for conversion

Overview

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 Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Location Insight

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Local Demand

City: Jasper
County: Marion
State: Tennessee
Longitude: -85.660106
Latitude: 35.052627

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For sale
Mobile home & RV parks
TN
Jasper
37347
1841 Main St

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: 10‑lot mobile home park in Kimball, TN, with 7 park‑owned homes and 3 tenant‑owned homes; Generates $91,500 in gross annual income with an 11%+ cap rate; Recent upgrades include new metal roofs, PEX plumbing, updated interiors, and gravel driveways

1841 Main St, Jasper, TN 37347

MULTI_FAMILY - Jasper, TN

Property Features for 1841 Main St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Mobile Home Park Investment

Versatile Office Space in Jasper

Jasper, TN Commercial Space

Jasper, TN Land For Sale

Interstate Location in Tennessee

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