1841 Main St, Jasper, TN 37347

Jasper
Local realty services provided by:ERA Chappell & Associates Realty & Rental
1841 Main St,Jasper, TN 37347
$635,000
Virtual Tour
  • - Beds
  • - Baths
  • 9,600 sq. ft.
  • Multi-family
  • Active
Listed by: gabrielle (gabbie) mcintosh, chad friedman
Office: exp realty
MLS#:3261138
Source:NASHVILLE

Price summary

  • Price:$635,000
  • Price per sq. ft.:$66.15

About this home

Rare 10-pad mobile home community on US Highway 41 in Kimball, TN.100% occupied and priced at a 10.9% cap rate on trailing 2026 performance. This income-producing manufactured-home park sits three miles from Interstate 24 and roughly 35 minutes from Chattanooga, on the main commercial corridor through Marion County. The numbers are real, not projected. Through the first six months of 2026 the community collected $45,640 against $13,003 in operating expense, an annualized run rate of $69,296 net operating income at the $635,000 asking price. Seven park-owned and three tenant-owned homes fill all ten pads; five of the seven park-owned homes carry twelve-month leases. Tenants pay their own electric, natural gas, and garbage on direct-billed accounts, with municipal master-meter water and on-site septic. Current ownership has invested roughly $175,000 since 2023: four 40-year metal roofs, full PEX plumbing retrofits, metal underpinning across all park-owned homes, professional mold...

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Home facts

  • Year built:1996
  • Listing ID #:3261138
  • Added:1 day(s) ago
  • Updated:July 07, 2026 at 03:22 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:9,600 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Heating:Heating
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:1996
  • Building area:9,600 sq. ft.
  • Levels:1 Story

Schools

  • High school:Marion Co High School
  • Middle school:Jasper Middle School
  • Elementary school:Jasper Elementary School

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$635,000
  • Price per sq. ft.:$66.15
  • Tax amount:$52
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