105 Jackson St, Barbourville, KY 40906

KNOX COUNTY, KY - The MHP Broker is pleased to present City View MHP, a value-add mobile home park and redevelopment opportunity located in Barbourville, Kentucky, the county seat of Knox County. The property consists of approximately 43 existing and potential mobile home/RV sites situated across multiple parcels totaling approximately 3.87 acres.

Offered at a reduced list price of $300,000, the investment presents an attractive basis relative to replacement cost and offers significant upside through park stabilization, infill, redevelopment, and operational improvements.

The property is served by city water and sewer, with infrastructure already in place throughout the community. Historically operated as a mobile home park for decades, portions of the property may benefit from longstanding nonconforming or grandfathered use status; however, buyers are encouraged to independently verify zoning, grandfathering, floodplain considerations, density allowances, and future intended use with the City of Barbourville and Knox County during due diligence.

The opportunity is best suited for experienced operators, redevelopment-focused investors, or groups comfortable navigating entitlement, zoning, and infill execution strategies. With a low basis, existing infrastructure, and multiple potential paths to value creation, City View MHP offers a unique repositioning opportunity within an affordable housing sector that continues to see strong long-term demand.

The park presently has 2 occupied POH generating $865 and $600 respectively. Additionally, the property contains 19 vacant POH in unsalvageable condition that can be removed to unlock significant redevelopment upside. Upon removal, the park will offer 41 vacant pads ready for new home installation. Internal roads throughout the community are paved but will require improvement. The area benefits from stable employment drivers including healthcare, education, manufacturing, logistics, and government services, with major employers such as Barbourville ARH Hospital, Union College, Knox County Schools, and regional employers in nearby Corbin.

This offering represents a compelling value-add and infill investment supported by strong affordable housing and workforce housing demand. HUD and Section 8 rent benchmarks in the area materially exceed current lot rents, providing meaningful upside while maintaining affordability for residents. With existing utility infrastructure, flexible zoning, and durable employment fundamentals, the property offers a clear path to infill execution, rent growth, and long-term cash flow stabilization.