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Real Estate Company
1841 Main St, Jasper, TN 37347
- $635,000
- 9,600
- SqFt
- List Price
- $635,000
- MLS#
- 3261138
- Days on Market
- 128
- Property Type
- Multifamily
- Sqft. of Residence
- 9,600
- County
- Marion
- Status
- ACTIVE
Property Description
Ten-pad manufactured housing community on US Hwy 41 in Kimball, about 3 miles from I-24 and 35 minutes from Chattanooga. Seven park-owned homes plus three resident-owned homes on lot rent. Scheduled rent is $7,975 a month ($95,700 a year). Residents pay electric, gas and refuse; owner pays water. On-site septic, three tanks serviced April 2026. Rebuilt since 2023: new metal roofs, metal underpinning on every park-owned home, PEX plumbing, subfloors, mold remediation and drainage work. Broker-underwritten NOI shows a 9.9% cap rate at list price, with room to grow through rents, a water bill-back and self-management. Seller financing available to qualified buyers. Title work complete.
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Additional Information
- Elementary School
- Jasper Elementary School
- High School
- Marion Co High School
- Living Area
- 9,600
- Lot Dimensions
- 2.9
- Number Of Units
- 10
- Year Built
- 1996
- Zoning
- c2-r1
- Type
- Multifamily
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Listing courtesy of eXp Realty.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.