Nobles Road RV and Mobile Home Park
Mobile Home Park | 10.83% CAP | 23 Pads
Marketing description
The Charles Hawkins Co. is pleased to present the exclusive listing of Nobles 260 LLC, a 23-space mobile home park and RV resort located at 190 & 260 Nobles Road in Paris, Tennessee (Henry County, 38242). The property sits on approximately 9 acres and operates as a dual-income asset, generating revenue from both long-term mobile home tenants and a short-term RV resort component.
The park consists of 12 occupied mobile home lots, 10 RV spaces (2 long-term monthly and 8 short-term/nightly), and 3 offline spaces with value-add potential. The short-term RV operation features full hookup 50/30/20 amp service and includes a park-owned Puma RV currently listed on Airbnb. The property is professionally managed and has demonstrated consistent revenue growth represented by a 25% increase over three years. This is a cash-flowing asset with meaningful upside.
Paris, Tennessee offers a compelling investment backdrop. Situated 77 miles west of Nashville along U.S. Route 79, the city serves as the Henry County seat and is the regional gateway to Kentucky Lake, Land Between the Lakes National Recreation Area, and Paris Landing State Park. This location drives consistent RV and outdoor recreation tourism. The area's affordability-driven economy and stable working-class population base provide durable demand for affordable housing, making the mobile home component a reliable, low-turnover income stream.
eliable, low-turnover income stream.
Investment highlights
- 23-spaces
- ±9 acres
- 12 occupied mobile home lots
- 10 RV spaces - 3 long-term monthly and 7 short-term/nightly
- Park-owned Puma RV currently listed on Airbnb for additional income
- 2025 Normalized NOI of ±$58,000, up 25% over three years
- Located 77 miles west of Nashville near Kentucky Lake and Land Between the Lakes
- Professionally managed with consistent occupancy and low tenant turnover
- 6 septic systems and 3 wells on-site
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