1841 Main Street
Jasper, TN 37347
- – beds
- – baths
- 1,200 sqft
- ~3 acre lot
- $541 per sqft
- 1980 build
- – on site
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 with space to add 2-3 additional homes 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!
Last checked:
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Last updated May 6, 2025
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MLS# 1512405 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1980
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New Construction:false
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Builder Name:None
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Architectural Style:Other
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Structure Type:Manufactured House, Multi Family, See Remarks
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Construction Materials:Metal Siding, Vinyl Siding, Other
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Levels:One
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Stories Total:None
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Roof:Metal, Other, See Remarks
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Basement:false
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Foundation Details:Pillar/Post/Pier, See Remarks
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Exterior Features:Lighting, Storage, Other
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Window Features:See Remarks
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Accessibility Features:Accessible Entrance
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Patio And Porch Features:Porch, See Remarks
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Security Features:See Remarks
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Building Area Total:1200.0
Interior
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Interior Features:Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, See Remarks
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Furnished:None
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Flooring:Laminate, Vinyl, See Remarks
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Fireplace:false
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Laundry Features:In Unit, See Remarks
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Zoning Description:None
Room Dimensions
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Living Area:1200.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:Directions from Chattanooga: Take I-24 W toward Nashville for approximately 26 miles. Merge onto US-64 W/US-72 W via Exit 152 toward South Pittsburg/Jasper. Continue for about 5 miles, then take the exit toward Kimball. Turn right onto Main Street. Follow Main Street for approximately 1.5 miles; the property at 1841 Main Street will be on your right.
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Latitude:35.052574
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Longitude:-85.660267
The Property
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Parcel Number:119 059.02
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Property Type:Residential Income
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Property Subtype:Mobile Home Park
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Property Condition:Updated/Remodeled
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Direction Faces:None
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Possible Use:None
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Other Structures:Outbuilding, Storage, Other, See Remarks
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Other Equipment:Other
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Lot Features:City Lot, Cleared, Level, Rural, Views, See Remarks
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Lot Size Acres:3.13
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Lot Size Area:3.13
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Lot Size SqFt:136342.8
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Lot Size Units:Acres
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Lot Size Source:None
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Zoning:None
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Topography:None
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Fencing:None
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View:City, Rural, Skyline, Trees/Woods, See Remarks
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View:true
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Pool Private:No
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Waterfront:false
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Road Frontage Type:City Street, See Remarks
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Road Surface Type:Asphalt, Gravel, Paved, See Remarks
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (615) 410-6393
- Office phone:
- (888) 519-5113
Taxes
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Tax Legal Description:119 059.02
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Tax Annual Amount:1819.0
Baths
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
Heating & Cooling
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Heating:Electric, Propane, Other, See Remarks
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Heating:true
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Cooling:Varies by Unit, Window Unit(s)
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Cooling:true
Utilities
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Utilities:Electricity Connected, Water Connected, Other, See Remarks
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Water Source:Public, See Remarks
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Sewer:Septic Tank, See Remarks
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Electric:None
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Green Energy Generation:None
Appliances
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Appliances:Other, Washer/Dryer Stacked, Washer/Dryer, Refrigerator, Cooktop, Convection Oven
Schools
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Elementary School:Jasper Elementary
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Elementary School District:None
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Middle Or Junior School:Jasper Middle
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Middle Or Junior School District:None
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High School:Marion County High
The Community
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Subdivision Name:None
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:Yes, Call, Cats OK, Dogs OK
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Spa Features:None
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Pool Features:None
Parking
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Attached Garage:false
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Parking Features:Driveway, Gravel, Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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5/6/25
May 6, 2025
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Listed / Active | CHTMLS | $650,000 |