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Wooded Mobile Home Park
New
For Sale
$599,000

748 Franklin Ave, Lexington, TN 38351

Income-producing property combines leased trailers, rental units, block buildings, and wooded acreage within city limits.

Property SizeContact for details
Lot Size18.50 Acres
Days on Market7

Property Features for 748 Franklin Ave

General Information

Standard status Active
Lot size 18.50 Acres

Additional Details

Highway Access Yes

Building Details

Buildings 2
Listing Agency: Compass RE
Listed By: Wes Halters
Source: Exprealty
Added: Aug 10 Changed: Aug 15 Last Checked: Aug 15 at 5:19AM

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 Compass RE

Investment Insights

Based on property information with market context.

This mobile home and RV park property encompasses 18.5 acres with a mix of rental units, trailers, two block buildings, and undeveloped land. Eleven trailers are currently leased on a month-to-month basis, while approximately 15 acres remain heavily wooded and private. The block buildings are positioned near the front of the property, with the trailer area extending beyond them.

The property is within the Lexington city limits and sits just off Highway 412 E. Its location is directly behind the Helms Motor Company Jeep Dealership, which is across the street. The combination of existing leased housing, additional rental improvements, and substantial wooded acreage creates a varied property profile within the city.

Key Highlights

  • 18.5‑acre mobile home and RV park property within the Lexington city limits
  • 11 trailers on the premises, all leased on a month‑to‑month basis
  • Approximately 15 acres of heavily wooded, private land

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Carpet & Flooring Store Barber 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 38351, TN

17,838
Population
7,909
Households
2.3
Avg Household Size
42
Median Age
14%
College-Educated
90%
High-School Grad
208.0 sq mi
ZIP Area
86
Density / Sq Mi
$53,573
Median Household Income
$37,256
Median Earnings
$809
Median Rent
$159,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Mobile home & RV park - Income-producing property combines leased trailers, rental units, block buildings, and wooded acreage within city limits.
Where is this mobile home & rv park located?
The property is located at 748 Franklin Ave Lexington, TN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 18.5‑acre mobile home and RV park property within the Lexington city limits; 11 trailers on the premises, all leased on a month‑to‑month basis; Approximately 15 acres of heavily wooded, private land
More about this property
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