0 Rankins Cove Church RdJasper, TN 37347

Property Details for 0 Rankins Cove Church Rd

Year built

1993

Lot size

5.50 AC

Property type

Residential income properties

Property subtype

Multifamily properties

Description

Exceptional investment opportunity in Jasper, Tennessee, featuring a well-established mobile home park and a separate brick house on three contiguous lots totaling 5.5 acres. The park comprises 18 units, currently 61.11% occupied, generating a total annual income of $31,860. Twelve trailer lots are situated on a 3.16-acre parcel (zoned commercial), with six currently leased for $840 per month. An additional five lots (1.33 acres) feature four leased units generating $465 monthly income. A separate 1,566 square foot brick house on a 1.01-acre lot commands a monthly rental of $1350. The property boasts a prime location adjacent to I-24, Exit 158, offering high visibility and convenient access. Its proximity to major businesses like Love's Travel Center and Speedway further enhances its appeal. The existing commercial zoning on 3.16 acres presents immediate development potential, while the remaining 2.34 acres offer the possibility of rezoning for commercial or industrial use, maximizing the property's value. Built in 1993, this property has been under the same ownership and operation since 1996, demonstrating a history of consistent performance. The owner retains ownership of three of the mobile homes within the park

Location Insight

City

Jasper

County

Marion

State

Tennessee

Latitude

35.0348

Longitude

-85.5794

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].