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About This Home

This 17-bedroom, 0-bathroom residential multi family at 1841 Main St in Jasper, TN is listed for $650,000. Built in 1982, on a N/A lot.

Agent 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.

Key Features

  • Built in 1982

Property Details

10 full
1982

Amenities

A/C

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

1841 Main St

Jasper, TN 37347

Property Details

Flooring

CarpetTileLaminateVinyl

Construction

Vinyl Siding

Heating

Propane (Heating)Electric (Heating)Central

Cooling

Central AirWindow Unit(s)

Appliances

DishwasherMicrowaveRangeRefrigeratorSelf Cleaning Oven

Questions & Answers

This 17-bedroom, 0-bathroom residential multi family at 1841 Main St is listed at $650,000. The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.

Key features include: Built in 1982.

This property is listed by Jason Galaz and can be reached at (888) 519-5113 x101 or findahomeintn@gmail.com.

JG

Jason Galaz

Agent at eXp Realty, LLC

(888) 519-5113 x101

Listed by eXp Realty, LLC

MLS# 1314020· Source: listhub· Updated 224 days ago

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1841 Main St, Jasper, TN 37347

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