TN > Jasper
Jasper, TN 37347,1841 Main ST
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Jasper, TN 37347,1841 Main ST
Jasper, TN 37347,1841 Main ST
Jasper, TN 37347,1841 Main ST
Jasper, TN 37347,1841 Main ST
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Nic Nicaud

Nic Nicaud

+1(865) 205-4208
$ 650,000
Est. payment /mo
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Active

1841 Main ST Jasper, TN 37347

1,200 SqFt

UPDATED:

Key Details

Property Type Mobile Home

Sub Type Mobile Home Park

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $541

MLS Listing ID 1512405

Style Other

Year Built 1980

Lot Size 3.130 Acres

Acres 3.13

Property Sub-Type Mobile Home Park

Source Greater Chattanooga REALTORS®

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 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 (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. Professional photos coming soon!

Location

State TN

County Marion

Area 3.13

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, See Remarks

Heating Electric, Propane, Other, See Remarks

Cooling Varies by Unit, Window Unit(s)

Flooring Laminate, Vinyl, See Remarks

Inclusions Land, Park Owned Mobile Homes, Property Manager electing to stay on after sale.

Equipment Other

Fireplace No

Window Features See Remarks

Appliance Other, Washer/Dryer Stacked, Washer/Dryer, Refrigerator, Cooktop, Convection Oven

Heat Source Electric, Propane, Other, See Remarks

Laundry In Unit, See Remarks

Exterior

Exterior Feature Lighting, Storage, Other

Parking Features Driveway, Gravel, Off Street

Garage Description Driveway, Gravel, Off Street

Pool None

Utilities Available Electricity Connected, Water Connected, Other, See Remarks

View City, Rural, Skyline, Trees/Woods, See Remarks

Roof Type Metal,Other,See Remarks

Porch Porch, See Remarks

Garage No

Building

Lot Description City Lot, Cleared, Level, Rural, Views, See Remarks

Faces 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.

Story One

Foundation Pillar/Post/Pier, See Remarks

Sewer Septic Tank, See Remarks

Water Public, See Remarks

Architectural Style Other

Additional Building Outbuilding, Storage, Other, See Remarks

Structure Type Metal Siding,Vinyl Siding,Other

Schools

Elementary Schools Jasper Elementary

Middle Schools Jasper Middle

High Schools Marion County High

Others

Senior Community No

Tax ID 119 059.02

Security Features See Remarks

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Pets Allowed Yes, Call, Cats OK, Dogs OK

Virtual Tour https://properties.615.media/sites/aapzqaa/unbranded

Listed by EXP Realty LLC
agent

Nic Nicaud

Broker | License ID: 302707

+1(865) 205-4208

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