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Mobile Home Park with Apartments
For Sale
$540,000

6745 Benton Road, Paducah, KY 42003

Commercial Sale, Paducah, KY

Property Size4,099 SF
Lot Size3.73 Acres
Price / SF$131.74
Days on Market95

Property Features for 6745 Benton Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning UR
Zoning description Urbanizing Residential
Subdivision Rural
Directions From Reidland Elementary School follow Benton Road approximately 2 miles. Property on the R just before crossing over I24 bridge.
Standard status Active
APN 134-10-05-014.ML1
Size 4,099 SF
Lot size 3.73 Acres

Utilities

Utilities Cable Available
Sewer type Public Sewer
Cooling system Central Air

Building Details

Roof type Metal
Listing Agency: Elite Realty
Listed By: LaDonna Umstead
Added: Jul 11 Changed: Oct 2 Last Checked: Oct 13 at 1:06AM
MLS# 26017893

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

Investment Insights

Based on property information with market context.

This 3.73-acre property includes a mobile home park with nine tenant-owned mobile homes, along with several additional improvements. A former strip motel has been converted into two apartments, with one currently used for storage. The property also includes a residence operating as a residential/service business and a former garage that provides additional storage space. Total improvements encompass 4,099 square feet under roof, with a metal roof, central air, public sewer, and cable availability.

The property is located at 6745 Benton Road in Paducah, Kentucky, just off Exit 16 with direct visibility and access to I-24. Approximately one acre remains undeveloped and overlooks the interstate. The site is zoned UR and is reported as 100% occupied by long-term tenants.

Key Highlights

  • Nine tenant‑owned mobile homes within the park
  • Two apartments converted from a former strip motel; one is currently used for storage
  • 4,099 square feet under roof on 3.73 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,473
Cap Rate
8.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,460 $869.5K
Cap Rate 7%
$621,043 $621.0K
Cap Rate 9%
$483,033 $483.0K
Market Conditions
NOI Build-Up for 4,099 SF
Gross rent
$77.7K $18.96/SF
− Vacancy
−$8.2K −$1.99/SF
EGI
$69.6K $16.97/SF
− OpEx
−$26.1K −$6.36/SF
NOI
$43.5K $10.61/SF
Area
McCracken County, KY
Vacancy
10.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,460
Cap Rate 7%
$621,043
Cap Rate 9%
$483,033

Alternative Uses

Best Use
Mixed Use
$621.0K
$543.4K – $724.6K (±1% cap)
NOI $43,473 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$480.4K
$420.4K – $560.5K (±1% cap)
NOI $33,628 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$854.1K
$747.3K – $996.4K (±1% cap)
NOI $59,784 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

Demographics for 42003, KY

28,592
Population
14,132
Households
2
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
414
Density / Sq Mi
$54,052
Median Household Income
$33,566
Median Earnings
$696
Median Rent
$160,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Diversified property combining mobile homes, apartments, a residence, and storage-oriented improvements.
Where is this mobile home & rv park located?
The property is located at 6745 Benton Road Paducah, KY.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Nine tenant‑owned mobile homes within the park; Two apartments converted from a former strip motel; one is currently used for storage; 4,099 square feet under roof on 3.73 acres
More about this property
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