1841 Main St, Jasper, TN

$635,000

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  • 2.90

    Acres

Description of 1841 Main St, Jasper - MLS# 3231819

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.

Features of 1841 Main St of 1841 Main St

MLS® # 3231819
Price $635,000
Bathrooms 0.00
Acres 2.90
Year Built 1996
Type Commercial Sale
Sub-Type Mixed Use
Status Active
New Construction No

Community Information : Jasper

Address 1841 Main St
City Jasper
County Marion County, TN
State TN
Zip Code 37347

Amenities of 1841 Main St

Is Waterfront No
Has Pool No

Interior of 1841 Main St

Fireplace No

Exterior of 1841 Main St

Roof Metal

Additional Information On 1841 Main St

Date Listed June 6th, 2026
Days on Market 78
Zoning C-2
Foreclosure No
Short Sale No

Listing Details of 1841 Main St

OfficeeXp Realty

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 1841 Main St

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1841 Main St Jasper TN 37347 - MLS# 3231819

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