BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

1841 Main St, Jasper, 37347

Priced At: $650,000

Property Details for ID: 1314020



SqFt: 0
Price SqFt: n/a
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-09-02T21:44:22Z

Public Remarks: 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Year Built: 1982
Sub-Type: Other
Sale Includes: Building and Land
Unit Type(s): 2 Bedroom Unit, 3 or more Bdrm Units, Other

  Exterior Features

Features: Windows - Insulated
Construction: Other
Siding: Vinyl

  Appliances

Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Other

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Tile, Vinyl
Other Rooms: Other
Misc Features: Internet Available

  Property Details

Utilities

Fuel Types: Electric, Propane

Financing

Finance Options: Alternative, Cash, Conventional, New Loan, Owner Will Carry, Other
Gross Annual Income: 91,500
Annual Operating Expenses: 19,460
Net Operating Income: 72,000

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling, Window Unit(s)
Heat Type(s): Central

Garage / Parking

On Premise Parking

  Community Features

Outbuildings

Presented By: / eXp Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take I‑40 W for about 30 miles to the Exit 356 (I‑75 S toward Chattanooga). Merge onto I‑75 S and continue for approx. 20 miles to Exit 11 for US‑64 W/US‑72 W toward Kimball/Jasper. Stay on US‑64 W/US‑72 W, which is also Main St in Kimball, for about 10 miles into town. Continue on Main St until reaching 1841 Main St on your right.



Your commute

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Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

On-Time Guarantee

From showings to closing; I know that your time is valuable and our agents and staff will always strive to never keep you waiting.

Professional

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Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.