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For sale
  • $650,000

    1841 Main St, Kimball, TN 37347

    12beds
    1,200sqft
    : 
    Multi Family
    Built in 1980
    -- sqft lot
    $623,400 Zestimate®
    $542/sqft
    $-- HOA

    What's special

    Gravel drivewaysNew metal roofsFully renovated park-owned homesTenant-owned homesUpdated interiors
    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!
    108 days
    on Zillow
    |
    329
    |
    33
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 17, 2025 at 11:38am

    Listed by:

    Jason Galaz 615-410-6393,

    EXP Realty LLC 888-519-5113

    Source: Greater Chattanooga Realtors,MLS#: 1512405
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1841 Main St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Electric, Propane, Other, See Remarks
    Cooling
    • Varies by Unit, Window Unit(s)
    Appliances
    • Included: Other, Washer/Dryer Stacked, Washer/Dryer, Refrigerator, Cooktop, Convection Oven
    • Laundry: In Unit, See Remarks
    Features
    • Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, See Remarks
    • Flooring: Laminate, Vinyl, See Remarks
    • Windows: See Remarks
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,200
    • Total interior livable area: 1,200 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Driveway, Gravel, Off Street
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: One
    • Patio & porch: Porch, See Remarks
    • Exterior features: Lighting, Storage, Other
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: City, Rural, Skyline, Trees/Woods, See Remarks
    Lot
    • Size: 3.13 Acres
    • Features: City Lot, Cleared, Level, Rural, Views, See Remarks
    Details
    • Additional structures: Outbuilding, Storage, Other, See Remarks
    • Parcel number: 119 059.02
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Metal Siding, Vinyl Siding, Other
    • Foundation: Pillar/Post/Pier, See Remarks
    • Roof: Metal,Other,See Remarks
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Sewer: Septic Tank, See Remarks
    • Water: Public, See Remarks
    • Utilities for property: Electricity Connected, Water Connected, Other, See Remarks

    Community & HOA

    Community
    • Security: See Remarks
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Kimball

    Financial & listing details

    • Price per square foot: $542/sqft
    • Tax assessed value: $11,300
    • Annual tax amount: $1,819
    • Date on market: 5/6/2025
    • Listing terms: Cash,Conventional
    • Inclusions: Land, Park Owned Mobile Homes, Property Manager electing to stay on after sale.
    • Tenant pays: Electricity, See Remarks
    • Road surface type: Asphalt, Gravel, Paved, See Remarks
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