1841 Main Street, Jasper, TN 37347
1841 Main Street, Jasper, TN 37347
1841 Main Street, Jasper, TN 37347
37
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Listed by Jason Galaz • eXp Realty
$650,000
Est. payment /mo
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1,200 SqFt
Active Under Contract

1841 Main Street Jasper, TN 37347

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MK Hughes

MK Hughes

+1(615) 788-1932

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $541

MLS Listing ID 2867511

HOA Y/N No

Year Built 1980

Annual Tax Amount $1,819

Property Description

Exceptional mobile home park investment opportunity in Kimball, Tennessee, located in the fast-growing Jasper/Kimball corridor! This well-maintained 10-lot mobile home park includes 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes, generating $91,500 in gross annual income with a strong 11%+ Cap Rate, ideal for investors seeking turnkey cash flow and long-term growth. Extensive property upgrades feature new metal roofs, PEX plumbing, updated interiors, gravel driveways, and enhanced infrastructure. Utilities include tenant-paid electric and city water, keeping owner expenses low. A reliable, experienced property manager is in place and willing to stay with new ownership, ensuring smooth operations. The park offers excellent expansion potential (pending city approval) with space to add 2-3 additional spaces and an existing structure ready for conversion to boost income. Located minutes from major highways and economic hubs, this mobile home park is strategically positioned to benefit from the region's robust population growth and rising demand for affordable housing. Investors can unlock further upside through water submetering and market-aligned rent adjustments. Strong occupancy and a waiting list provide stability and income security. The property includes a fully maintained septic system infrastructure. This is a rare opportunity to acquire a fully operational, cash-flowing mobile home park in one of Tennessee's most promising investment markets. Professional photos coming soon!

Location

State TN

County Marion County

Interior

Heating Electric, Propane

Cooling Wall/Window Unit(s)

Flooring Laminate, Vinyl, Other

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N true

View City

Roof Type Metal

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Public

Structure Type Vinyl Siding,Other

New Construction false

Schools

Elementary Schools Jasper Elementary School

Middle Schools Jasper Middle School

High Schools Marion Co High School

Others

Senior Community false

Special Listing Condition Standard

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To say MK went above and beyond is a understatement. We drove over 300 miles in the only 2 days we had to look for homes. When a seller failed to disclose extremely important information until 2days prior to closing she fought for me. To say that she was relentless in searching, again is a understatement. Words cannot express how grateful I am to her and the team that backs her behind the scenes. There isn’t a high enough star rating to give MK and her team, we were beyond blessed to have her work/fight for us.

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MK Hughes

MK Hughes

Agent | License ID: 341737

+1(615) 788-1932

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1841 Main Street