Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
Jasper, TN 37347,1841 Main St
38
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Listed by Gabrielle (Gabbie) McIntosh • eXp Realty
$650,000
Est. payment /mo
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9,600 SqFt
Active

1841 Main St Jasper, TN 37347

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Alexandria Stout

Alexandria Stout

+1(731) 363-0995

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $67

MLS Listing ID 2867638

Year Built 1996

Lot Size 3.130 Acres

Acres 3.13

Property Sub-Type Mixed Use

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 & 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

State TN

County Marion County

Zoning C-2

Interior

Fireplace N

Exterior

Roof Type Metal

Others

Special Listing Condition Standard

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Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 4
  • 6

    Jasper Middle School

    Public | 5 - 8

  • 4

    Jasper Elementary School

    Public | PK - 4

  • 0

    Jasper Adventist Christian School

    Private | 1 - 8

  • 0

    Marion Preparatory Academy

    Public | KG - 12

High Schools 1
  • 6

    Marion County High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Alexandria Stout

Alexandria Stout

Agent | License ID: 375002

+1(731) 363-0995

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1841 Main St