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33621610
33621627

2908 U.S. 411, Madisonville, TN 37354

JE
TN 307860
$399,000
5 days on market
Updated 5 days ago

Mobile Home Park

Details
APN 04607500
Property Type Multifamily, Mobile Home Park
Square Footage 1,120
Pads 5
Price per SqFt $356
Price Per Acre $67,627
Year Built 2005
Year Renovated 2005, 2010, 2012
Buildings 5
Stories 1
Acreage 5.900

Multifamily

Marketing description

Take advantage of this unique opportunity to acquire an established mobile home park located at 2908 Highway 411 in Madisonville, Tennessee. The property consists of approximately 5.9 acres and currently features five mobile home pads, offering immediate income potential with the flexibility to pursue future growth opportunities.

Positioned along one of Monroe County's main transportation corridors, the property benefits from excellent visibility and convenient access to Madisonville, Vonore, Sweetwater, and surrounding East Tennessee communities. The continued demand for affordable housing in the region makes manufactured housing communities an increasingly attractive investment, offering both stability and long-term upside.

Whether you are an experienced investor looking to expand your portfolio or seeking an entry into the manufactured housing sector, this property presents the opportunity to generate income today while exploring additional value-add possibilities for the future. Offered at $399,000.

Investment highlights

• Existing 5-pad mobile home park providing immediate income potential.

• Situated on approximately 5.9 acres, offering additional land for future improvements or expansion opportunities, subject to local approvals.

• Prime location along Highway 411 with excellent visibility and easy access to Madisonville and surrounding East Tennessee communities.

• Attractive $399,000 offering price, providing an accessible entry point into the high-demand manufactured housing sector.

• Manufactured housing communities continue to experience strong demand as affordable housing options remain limited throughout the region.

• Flexible investment opportunity ideal for investors seeking current cash flow, long-term land appreciation, or value-add potential.

• Low-maintenance asset class with the potential for stable occupancy and consistent rental demand.

• Located in a growing East Tennessee market with convenient access to local employers, schools, shopping, and recreation.

Listing Contacts

JE
TN 307860

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Additional Information

Name
Jim Edmonds
License
307860
Brokerage
Edmonds Realty and Auction
Brokerage Phone
423-667-6714
Brokerage Address
4751 New Highway 68
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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