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Diversified Income Property with Mobile Homes

6745 Benton Road Paducah, KY 42003

Claim this Listing
New
For Sale
$540,000

MULTI_FAMILY - Paducah, KY

Property size:
4,099 SF
Lot size:
3.73 Acres
Price / SF:
$131.74/SF
Added:
Jul 11, 2026
Days on Market:
3
Last Refresh:
Jul 13 at 11:06 pm

Property Features for 6745 Benton Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
UR
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1
Standard status
Active
APN
134-10-05-014.ML1
Size
4,099 SF
Lot size
3.73 Acres

Utilities

Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Cooling system
Central Air

Building Details

Roof type
Metal

Listing agent Ladonna Umstead

Listing office Elite Realty 100 Fountain Ave. Suite 401, Paducah, KY

Listing date Jul 11, 2026

MLS# 26017974 Listing URL

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 diversified income property includes a mobile home park with nine tenant-owned mobile homes. It also features a former strip motel converted into two apartments, with one apartment currently used for storage. In addition, there is a residence operating as a residential/service business and a former garage that provides additional storage or flexible-use space.

The property is situated just off Exit 16 with direct visibility and easy access to I-24, minutes from town and nearby amenities. It offers more than 4,000 square feet under roof and is 100% occupied by long-term tenants.

An approximately one-acre parcel of undeveloped land overlooks I-24 and may offer future mixed-use development potential, subject to applicable zoning regulations and governmental approvals.

Key Highlights

  • More than 4,000 SF under roof with central air cooling and forced‑air natural gas heat, plus a metal roof
  • 100% occupied by long‑term tenants with multiple income sources on one property
  • Mobile home park with nine tenant‑owned mobile homes

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $57.5k $14.04
− Vacancy −$4.7k −$1.15
EGI $52.8k $12.89
− OpEx −$15.9k −$3.87
NOI $37.0k $9.03
4,099 SF · lease $14.04/SF/yr · vacancy 8.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$528.5K
$462.4K – $616.6K (±1% cap)
NOI $36,994 @ 7.0% cap · market cap 6.85%
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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Building Supply Dental Office Law Firm Auto Repair Shop Restaurant Hair Salon Auto Parts Store Nail Salon Storage Facility

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

FAQs

What type of property is this?
Mobile home & RV park - Income-producing property with nine tenant-owned mobile homes and converted motel apartments, fully occupied by long-term tenants.
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: More than 4,000 SF under roof with central air cooling and forced‑air natural gas heat, plus a metal roof; 100% occupied by long‑term tenants with multiple income sources on one property; Mobile home park with nine tenant‑owned mobile homes
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