1841 Main St

Active

Jasper, TN 37347

Bedrooms
0
Bathrooms
0.00
Sq Ft
3.1300
Acres
Updated 33 minutes ago MLS #: 2867638 Listed 4 months ago

$650,000.00

Est. Monthly: $3,137.19

About This Property

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 & trash. 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.

Location

Directions Nashville: Take I-24 E toward Chattanooga approximately 95 miles.Exit 152B to merge onto US-64 W/US-72 W toward Jasper/South Pittsburg. After 5 miles, take exit toward Kimball. Turn right onto Main Street & follow for about 1.5 miles; Property on Right

Interior Features

Exterior & Property

Schools

Property Details

Property Type Commercial Sale
Property Sub Type Mixed Use
Year Built 1996
Listing Office eXp Realty
Listing Agent Gabrielle (Gabbie) McIntosh
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MLS Information

Based on information submitted to the MLS GRID as of 2025-09-10T14:34:18+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Jasper Market

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149
Active Listings
$411,925.24
Avg Price
2,830
Avg Sq Ft
3.5
Avg Bedrooms

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Property History

Timeline of listing events and status changes

Sold

MLS# 2867530

Property sold and closed

3 months ago • May 17, 2025

124 days on market

$650,000.00

Currently Listed

MLS# 2867638

Currently active listing

4 months ago • May 7, 2025

124 days on market

$650,000.00

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149 active listings • Avg $411,925.24

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