1841 Main St Kimball, TN 37347
Estimated payment $3,572/month
Total Views
6,176
9
Beds
6
Baths
1,200
Sq Ft
$542
Price per Sq Ft
Highlights
- City View
- Cooling System Mounted To A Wall/Window
- Vinyl Flooring
- No HOA
- Accessible Entrance
- Heating System Uses Propane
About This Home
Exceptional mobile home park investment opportunity in Kimball, Tennessee, located in the fast-growing Jasper/Kimball corridor! This well-maintained 10-lot mobile home park includes 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes, generating $91,500 in gross annual income with a strong 11%+ Cap Rate, ideal for investors seeking turnkey cash flow and long-term growth. Extensive property upgrades feature new metal roofs, PEX plumbing, updated interiors, gravel driveways, and enhanced infrastructure. Utilities include tenant-paid electric and city water, keeping owner expenses low. A reliable, experienced property manager is in place and willing to stay with new ownership, ensuring smooth operations. The park offers excellent expansion potential (pending city approval) with space to add 2-3 additional spaces and an existing structure ready for conversion to boost income. Located minutes from major highways and economic hubs, this mobile home park is strategically positioned to benefit from the region's robust population growth and rising demand for affordable housing. Investors can unlock further upside through water submetering and market-aligned rent adjustments. Strong occupancy and a waiting list provide stability and income security. The property includes a fully maintained septic system infrastructure. This is a rare opportunity to acquire a fully operational, cash-flowing mobile home park in one of Tennessee's most promising investment markets. Professional photos coming soon!
Listing Agent
eXp Realty Brokerage Phone: 6154106393 License #344914 Listed on: 05/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,819
Year Built
- Built in 1980
Parking
- Gravel Driveway
Home Design
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,200 Sq Ft Home
- Property has 3 Levels
- City Views
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Accessible Home Design
- Accessible Entrance
Schools
- Jasper Elementary School
- Jasper Middle School
- Marion Co High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Propane
- Septic Tank
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 119 05902 000
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- Operating Expense $12,540
- Gross Income $91,500
- Net Operating Income $78,960
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $110 | $64,560 | $47,040 | $17,520 |
| 2023 | $110 | $64,560 | $0 | $0 |
| 2022 | $1,191 | $64,560 | $47,040 | $17,520 |
| 2021 | $1,162 | $62,960 | $47,040 | $15,920 |
| 2020 | $1,156 | $62,960 | $47,040 | $15,920 |
| 2019 | $1,156 | $50,960 | $44,800 | $6,160 |
| 2018 | $1,156 | $50,960 | $44,800 | $6,160 |
| 2017 | $1,156 | $50,960 | $44,800 | $6,160 |
| 2016 | $1,156 | $50,960 | $0 | $0 |
| 2015 | $956 | $50,960 | $0 | $0 |
| 2014 | $956 | $42,160 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $650,000 | -- | -- |
Source: Realtracs
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $400,000 | None Listed On Document | |
| Warranty Deed | $270,000 | None Listed On Document | |
| Deed | -- | -- | |
| Warranty Deed | $155,000 | -- | |
| Deed | $54,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $155,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $313,840 | New Conventional | |
| Previous Owner | $256,000 | No Value Available |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with eXp Realty in Nashville, TN and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Jason's Other Listings
Source: Realtracs
MLS Number: 2867511
APN: 119-059.02
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