For Sale
$699,900

311 Thompson RdMadisonville, TN 37354

Nine Units, 3.36 Acres, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional investment opportunity presents a nine-unit mobile home park situated on a spacious 3.36-acre lot in Madisonville, Tennessee. The property, located at 311 Thompson Rd, boasts a total of 6,190 square feet of living space, with each unit contributing to a strong rental income stream. The asking price is $699,900, translating to a price per square foot of $113.07. The land itself offers significant value, with a price per acre of $208,515.93. The property's address is verified as 311 Thompson Rd, Madisonville, TN 37354, and its location is further confirmed by the APN: 055 03901. This established mobile home park presents a compelling investment prospect for those seeking a stable, cash-flowing asset in a desirable Tennessee location. The property consists of single-story buildings, offering ease of maintenance and management. The park's size and established tenant base provide a solid foundation for continued growth and profitability. This is a turnkey operation ready for a new owner to step in and begin generating income. Serious inquiries are encouraged to explore this lucrative opportunity further. The property is offered for sale as is.

Highlights

  • Nine-unit mobile home park on a 3.36-acre lot in Madisonville, TN.
  • 6,190 square feet of living space with strong rental income.
  • Asking price: $699,900.
  • Located at 311 Thompson Rd, Madisonville, TN 37354 (APN: 055 03901).
  • Turnkey operation with established tenant base.

Property Details for 311 Thompson Rd

Property type
Mobile home & RV parks
Square Feet
6,190 SF
Buildings
9
Stories
1
Lot Size (sq. ft)
146,362 SF

Location Insight

City
Madisonville
County
Monroe
State
Tennessee
Latitude
35.527113
Longitude
-84.41321
311 Thompson Rd, Madisonville, Tennessee

FAQs

What type of property is this?
Mobile home & RV park - Nine Units, 3.36 Acres, High ROI
Where is the mobile home & rv park located?
The property is located at 311 Thompson Rd Madisonville, TN.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Nine-unit mobile home park on a 3.36-acre lot in Madisonville, TN.; 6,190 square feet of living space with strong rental income.; Asking price: $699,900.
How can I contact the broker?
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311 Thompson Rd
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