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1841 Main St, 
Jasper, TN 37347

$635,000


Bed


Bath


9,600

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Gabrielle (Gabbie) Mcintosh

Chad Friedman

eXp Realty

Keller Williams Realty Clarksville

888-519-5113

Last updated:

July 9, 2026, 02:41 PM

MLS#

3261138

Source:

NASHVILLE

About This Home

1841 Main St

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 remediation, and interior rehabilitation. The 2026 capital program is substantially complete, including septic drainage correction and surface-water grading. Property insurance was recently reduced to $1,869 per year. Marion County property taxes run about $1,939 annually, and Tennessee has no state income tax. Seller financing is available to qualified buyers at $650,000. An owner who self-manages lifts the cap rate to 12.2%. Full financials, leases, ALTA title commitment, and vendor invoice history are on file for an expedited 15-day due diligence and a target close within 25 days. Buyer to verify all information.

Home Facts

Multi-Family

Built in 1996

Price Summary

635,000

$66 per Sq. Ft.

MLS #:

3261138

Last Updated:

July 9, 2026, 02:41 PM

Added:

1 month(s) ago


Rooms & Interior

Interior

Living Area:

9,600 Sq. Ft.


Structure

Structure

Building Area:

9,600 Sq. Ft.

Year Built:

1996


Finances & Disclosures

Finances

Price:

$635,000

Price per Sq. Ft:

$66 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.