311 Thompson RdMadisonville, TN 37354

Property Details for 311 Thompson Rd

Lot size

3.36 AC

Property size (Sq ft)

6,190 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Madisonville

County

Monroe

State

Tennessee

Latitude

35.5271

Longitude

-84.4132

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