1841 Main St, Jasper, Tennessee 37347
TN, Jasper-
Active Status
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14 Dayz On Cribz Total Days
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Residential Income Property Type
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9600 Total Sqft $66/sqft
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1996 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
Rare 10-pad mobile home community on US Highway 41 in Kimball, TN.100% occupied and priced at a 10.9% cap rate on trailing 2026 performance. This income-producing manufactured-home park sits three miles from Interstate 24 and roughly 35 minutes from Chattanooga, on the main commercial corridor through Marion County.
The numbers are real, not projected. Through the first six months of 2026 the community collected $45,640 against $13,003 in operating expense, an annualized run rate of $69,296 net operating income at the $635,000 asking price. Seven park-owned and three tenant-owned homes fill all ten pads; five of the seven park-owned homes carry twelve-month leases. Tenants pay their own electric, natural gas, and garbage on direct-billed accounts, with municipal master-meter water and on-site septic.
Current ownership has invested roughly $175,000 since 2023: four 40-year metal roofs, full PEX plumbing retrofits, metal underpinning across all park-owned homes, professional mold remediation, and interior rehabilitation. The 2026 capital program is substantially complete, including septic drainage correction and surface-water grading. Property insurance was recently reduced to $1,869 per year. Marion County property taxes run about $1,939 annually, and Tennessee has no state income tax.
Seller financing is available to qualified buyers at $650,000. An owner who self-manages lifts the cap rate to 12.2%. Full financials, leases, ALTA title commitment, and vendor invoice history are on file for an expedited 15-day due diligence and a target close within 25 days.
Buyer to verify all information.
- Property Type: Residential Income
- Listing Type: For Sale
- MLS #: 3261138
- Price: $635,000
- View: Bluff,City
- Square Footage: 9,600 Sqft
- Year Built: 1996
- Office Name: eXp Realty
- Agent Name: Gabrielle (Gabbie) McIntosh
- Property Attached: Yes
- Roof: Metal
- Listing Status: Active
- Street Number: 1841
- Street: Main St
- City Jasper
- State TN
- Zipcode 37347
- County Marion County, TN
- Subdivision none
- Longitude: W86° 22' 38.5''
- Latitude: N35° 4' 27''
- Zoning: c2-r1
- 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
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Heating System Other
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Cooling System Central Air, Other, Ceiling Fan(s), Wall/Window Unit(s)
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Utilities Water Available
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Flooring Laminate, Carpet, Other
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Sewer Septic Tank
- Elementary School: Jasper Elementary School
- Middle School: Jasper Middle School
- High School: Marion Co High School
- Water Source: Public
- Building Size: 9,600 Sqft
- Construction Materials: Other
- Levels: One
- Lot Size Dimensions: 2.9
- Number Of Units Total: 10
- On Market Date: July 6th, 2026
- Previous Price: $635,000
- Rent Includes: Water
- Stories: 1
- Annual Tax Amount: $52
- Co List Agent Full Name: Chad Friedman
- Co List Office Name: Keller Williams Realty Clarksville
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Jul 6th, 2026 @ 5:06pm
- Status Change Timestamp: Jul 6th, 2026 @ 5:03pm
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