$635,000
( )
 $3,409 est/mo Sourced by Back At You

1841 Main St,Jasper, TN 37347

Jasper, TN 37347

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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.

Details

MLS #3231819
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1996
Days On Site136
Listing Provided ByeXp Realty | Gabrielle (Gabbie) McIntosh

Features

SQ Feet9,600
ZoningC-2
Acreage2.90

Area Information

StateTN
CountyMarion County
CityJasper
Zip Code37347
AreaMarion County | TN
Listing VS Median (in 37347)
Price:
$635,000
low | high
Med:
$632,450
50.40157480315% of Average
sqft:
9,600
low | high
Med:
5,731
90.302083333333% of Average
$ / sqft:
$66
low | high
Med:
$202
100% of Average
On site:
136
low | high
Med:
169
80.473372781065% of Average
Sourced by Back At You

Market Activity 37347

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 20, 2026 at 10:58:22 PM PDT 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.

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Learn More About This Property

StateTN
CountyMarion County
CityJasper
Zip Code37347
AreaMarion County | TN
Listing VS Median (in 37347)
Price:
$635,000
low | high
Med:
$632,450
50.40157480315% of Average
sqft:
9,600
low | high
Med:
5,731
90.302083333333% of Average
$ / sqft:
$66
low | high
Med:
$202
100% of Average
On site:
136
low | high
Med:
169
80.473372781065% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $476K - $793K
sqft: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
1841 Main St Property Photo 1
$635,000
1841 Main St
Jasper, TN 37347
Listing Updated: September 29, 2026 at 3:38:21 PM PDT