1841 Main Street Jasper, TN $ 650,000
1841 Main Street
$ 650,000
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1841 Main Street

Jasper, TN, 37347
$ 650,000
Baths0.0 Sq 1,200
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Studio

Property for Rent in Jasper, TN

for $650,000. This 1,200 square foot property was built on a lot size of 3.13.

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!

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Rental Active

Price

$ 650,000

Bedrooms

Studio

Taxes

$ 1,819

Style

Lot Size

3.13

Town/City

Jasper

County/Region

Marion

MLS | Web ID

1512405

Features
Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen High Speed Internet See Remarks
Flooring Laminate Vinyl See Remarks
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features See Remarks
Fireplace Y/N N
Laundry Features In Unit See Remarks
Total Baths 0
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General
Sewer Septic Tank See Remarks
Heating Electric Propane Other See Remarks
Cooling Varies by Unit Window Unit(s)
Utilities Electricity Connected Water Connected Other See Remarks
Possession Close Of Escrow
Roof Metal Other See Remarks
Appliances Other Washer/Dryer Stacked Washer/Dryer Refrigerator Cooktop Convection Oven
Patio/Porch Features Porch See Remarks
Architectural Style Other
Pool Features None
Security Features See Remarks
Construction Materials Metal Siding Vinyl Siding Other
Pets Allowed Yes Call Cats OK Dogs OK
Year Built 1980
Tenant Pays Electricity See Remarks
View City Rural Skyline Trees/Woods See Remarks
Levels One
Property Subtype Mobile Home Park
Accessibility Accessible Entrance
County Marion
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Other Structures Outbuilding Storage Other See Remarks
Status Active
Directions Directions from Chattanooga: Take I-24 W toward Nashville for approximately 26 miles. Merge onto US-64 W/US-72 W via Exit 152 toward South Pittsburg/Jasper. Continue for about 5 miles then take the e
High School Marion County High
City Jasper
Senior Community Y/N N
Number Of Units Total 10
Lot Size Units Acres
Lot Size Square Feet 136342.8
Carport Y/N N
Listing Terms Cash Conventional
Spa Features None
Elementary School Jasper Elementary
Land Lease Y/N N
Tax Annual Amount 1819.0
Home Warranty Y/N N
Current Financing Contract Conventional Private Trust Deed Other
Middle/Junior High School Jasper Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://properties.615.media/sites/aapzqaa/unbranded
Structure Type Manufactured House Multi Family See Remarks
Standard Status Active
Occupancy Type Tenant
Legal Description 119 059.02
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Exterior
Exterior Amenities Lighting Storage Other
Fencing None
Parking Features Driveway Gravel Off Street
Lot Features City Lot Cleared Level Rural Views See Remarks
Water Source Public See Remarks
Inclusions Land Park Owned Mobile Homes Property Manager electing to stay on after sale.
Lot Size Area 3.13
Foundation Details Pillar/Post/Pier See Remarks
Spa N
Building Area Total 1200.0
Lot Size Acres 3.13
Road Surface Type Asphalt Gravel Paved See Remarks
Waterfront Y/N N
Road Frontage Type City Street See Remarks
Other Equipment Other
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1841
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* Excluded Features
List By
Exp Realty Llc

Broker

findahomeintn@gmail.com

Email

Nearby
1547841 Elementary School
1547334 Middle School
Marion County High High School
Pricing History
DatePricePrice ChangeDescription
5/6/2025$650,000 Listed Price

Map


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1841 Main Street, Jasper, TN, 37347 is a Property for Rent at $650,000 with 1,200 sqft and a lot size of 3.13. 1841 Main Street is a studio with 0.0 baths. The property's zip code is 37347 which is in Jasper, TN