1841 Main St, Jasper, Tennessee 37347

TN, Jasper
$650,000
  • Active Status
  • 31 Dayz On Cribz Total Days
  • Commercial Sale Property Type
  • 9600 Total Sqft $68/sqft
  • 1996 Year Built

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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.

Property Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • MLS #: 2867638
  • Price: $650,000
  • Year Built: 1996
  • Lot Area: 3.13 Acre
  • Office Name: eXp Realty
  • Agent Name: Gabrielle (Gabbie) McIntosh
  • Property Sub Type: Mixed Use
  • Roof: Metal
  • Listing Status: Active
Location Info
  • Street Number: 1841
  • Street: Main St
  • City Jasper
  • State TN
  • Zipcode 37347
  • County Marion County, TN
  • Zoning: C-2
  • 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
Additional Info
  • Building Size: 9,600
  • On Market Date: May 9th, 2025
  • Previous Price: $650,000
Listing Data
  • Co List Agent Full Name: Jason Galaz
  • Co List Office Name: eXp Realty
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: May 17th, 2025 @ 6:34pm
  • Status Change Timestamp: May 9th, 2025 @ 5:00am

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