SQUARE FEET9,600
MLS#3231819
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Fully occupied ten-pad mobile home community on US Highway 41 in Kimball, three miles from I-24 and about 35 minutes from Chattanooga. All ten pads leased and current at $7,850 per month, a $94,200 annual gross potential. Stabilized year-one NOI of $62,304 under third-party management, a 9.8% cap rate at $635,000, and about $69,773 NOI for an owner who self-manages, an 11.0% cap. Seven park-owned homes and three tenant-owned homes, with five park-owned homes on twelve-month leases and the balance month-to-month for rent-reset flexibility. Roughly $175,000 in capital improvements completed since 2023, including forty-year metal roofs, PEX plumbing retrofits, metal underpinning on all park-owned homes, and mold remediation on four homes, with $25,000 to $30,000 of 2026 work in progress. Tenants pay electric, gas, and refuse direct. Municipal master-meter water with on-site septic. Seller financing available for qualified buyers. Full due diligence package on file for a fast close.
Property Features
Property Type: Commercial - Business
Lot Size: 2.90 Acres
Roof Type: Metal
Year Built: 1996
Feature Descriptions
Days on Site: 22
Parcel#: 119 05902T004
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agency Phone: 8885195113
Shown By
Agent Name: Robin Manis
Agent Phone: Cell: (423) 252-7056
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
1841 Main St | MLS# 3231819
This commercial property located at 1841 Main St, Jasper, TN 37347 is currently listed for sale with an asking price of $635,000. Search Jasper real estate on robinmanis.crye-leike.com today.