Mobile Home Park with 7
For Sale
Contact for pricing
311 Thompson Rd, Madisonville, TN 37354
Seven-lot mobile home park on 3.27 acres currently generating rental income.
Property Size6,190 SF
Lot Size3.27 Acres
Price / SF$112.92
Days on Market711
Property Features for 311 Thompson Rd
General Information
Standard status
Active
Size
6,190 SF
Lot size
3.27 Acres
Property subtype
Multifamily
Net Operating Income
$70,436
Building Details
Buildings
7
Stories
1
Units
7
Listing Agency:
Mike Fuller Realty & Company
Listed By:
Rodney Tabor · License #TN
(865) 405-3888
Source:
Crexi
Added: Sep 27, 2024
Changed: Sep 7
Last Checked: Sep 7 at 5:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mike Fuller Realty & Company
Investment Insights
Based on property information with market context.
For sale: a seven-lot mobile home park situated on 3.27 acres. The property is currently producing rental income and is presented as a straightforward income-producing residential asset.
Located at 311 Thompson Rd in Madisonville, Tennessee, the park is described as being in a country setting.
The offering includes seven separate lots within the park, providing a multi-unit configuration within a single ownership. Prospective buyers should confirm all details of lot layout, current tenancy, and operating conditions during due diligence.
Located at 311 Thompson Rd in Madisonville, Tennessee, the park is described as being in a country setting.
The offering includes seven separate lots within the park, providing a multi-unit configuration within a single ownership. Prospective buyers should confirm all details of lot layout, current tenancy, and operating conditions during due diligence.
Key Highlights
- 7‑lot mobile home park on 3.27 acres
- Currently generating rental income
- Value‑add potential noted through rent adjustments and property enhancements
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 37354, TN
17,535
Population
7,370
Households
2.4
Avg Household Size
43
Median Age
13%
College-Educated
84%
High-School Grad
117.6 sq mi
ZIP Area
149
Density / Sq Mi
$53,547
Median Household Income
$35,667
Median Earnings
$796
Median Rent
$209,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Seven-lot mobile home park on 3.27 acres currently generating rental income.
Where is this mobile home & rv park located?
The property is located at 311 Thompson Rd Madisonville, TN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 7‑lot mobile home park on 3.27 acres; Currently generating rental income; Value‑add potential noted through rent adjustments and property enhancements
