Mobile Home Park with
For Sale
$540,000
6745 Benton Road, Paducah, KY 42003
Residential Income, Paducah, KY
Property Size4,099 SF
Lot Size3.73 Acres
Price / SF$131.74
Days on Market99
Property Features for 6745 Benton Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
UR
Zoning description
Urbanizing Residential
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1
Elementary school
Reidland
High school
McCracken Co
Elementary school district
McCracken - 119
Middle school district
McCracken - 119
High school district
McCracken - 119
Directions
From Reidland Elementary School follow Benton Road approximately 2 miles. Property on the R just before crossing over I24 bridge.
Subdivision
119 - McCracken County
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 Agency:
Elite Realty
(270) 444-6522
Listed By:
LaDonna Umstead
(270) 331-2820
Added: Jul 11
Changed: Oct 2
Last Checked: Oct 17 at 11:06AM
MLS# 26017974
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.
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Investment Insights
Based on property information with market context.
This 3.73-acre residential income property includes a mobile home park with nine tenant-owned mobile homes, along with a former motel structure converted into two apartments. One apartment is currently used for storage. The property also contains a residence operating as a residential/service business and a former garage used for additional storage or flexible-use space. Total improvements comprise 4,099 square feet under roof. The property is zoned UR and is fully occupied by long-term tenants.
Located near I-24 Exit 16, the property has direct visibility from the interstate and access to Benton Road. Approximately one acre remains undeveloped with an overlook toward I-24; any future mixed-use development would be subject to applicable zoning requirements and governmental approvals. Improvements include metal roofing, forced-air and natural-gas heating, central air, and cable availability.
Located near I-24 Exit 16, the property has direct visibility from the interstate and access to Benton Road. Approximately one acre remains undeveloped with an overlook toward I-24; any future mixed-use development would be subject to applicable zoning requirements and governmental approvals. Improvements include metal roofing, forced-air and natural-gas heating, central air, and cable availability.
Key Highlights
- Nine tenant‑owned mobile homes within the park
- Two apartments in a converted former motel structure
- 4,099 square feet under roof on 3.73 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,994
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,880
$739.9K
Cap Rate 7%
$528,486
$528.5K
Cap Rate 9%
$411,044
$411.0K
Market Conditions
NOI Build-Up for 4,099 SF
Gross rent
$57.5K $14.04/SF
− Vacancy
−$4.7K −$1.15/SF
EGI
$52.8K $12.89/SF
− OpEx
−$15.9K −$3.87/SF
NOI
$37.0K $9.03/SF
Area
McCracken County, KY
Vacancy
8.17%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,880
Cap Rate 7%
$528,486
Cap Rate 9%
$411,044
Alternative Uses
Best Use
Multifamily LT 5
$528.5K
$462.4K – $616.6K
NOI $36,994 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$480.4K
$420.4K – $560.5K
NOI $33,628 @ 7.0% cap · market cap 6.23%
Theoretical Best
Warehouse
$854.1K
$747.3K – $996.4K
NOI $59,784 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Diversified residential property with tenant-owned homes, apartment space, storage buildings, and convenient I-24 access.
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 in a converted former motel structure; 4,099 square feet under roof on 3.73 acres
