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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!
Multi Family
| Last Updated | 5/17/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1980 | County | Marion |
SCHOOLS
| Elementary School | Jasper Elementary |
|---|---|
| Jr. High School | Jasper Middle |
| High School | Marion County High |
Additional Details
| AIR | Varies by Unit, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Convection Oven, Cooktop, Other, Refrigerator, Washer/Dryer, Washer/Dryer Stacked |
| CONSTRUCTION | Metal Siding, Other, Vinyl Siding |
| EXTERIOR | Lighting, Other, Storage |
| HEAT | Electric, Other, Propane, See Remarks |
| INTERIOR | Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, See Remarks |
| LOT | 3.13 acre(s) |
| LOT DESCRIPTION | City Lot, Cleared, Level, See Remarks, Views |
| PARKING | Driveway, Gravel, Off Street |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | None |
| TAXES | 1819 |
| UTILITIES | Electricity Connected, Water Connected, Other, See Remarks |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Rural, Skyline, Trees/Woods, See Remarks |
| WATER | Public, See Remarks |
Location
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