1501 E Depot St, Shelbyville, TN 37160

$1,299,999

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List Price
$1,299,999
MLS#
3622989
Status
ACTIVE
Type
Commercial
City
Shelbyville
County
Bedford
Lot Size
135,471
Year Built
1960

Property Description

FOR SALE | 16-Unit Mobile Home Park | 100% Occupied Asking Price: $1,299,999 1501 E Depot Street, Shelbyville, TN 37160 Excellent opportunity to acquire an established, income-producing manufactured housing community situated on approximately 3.11 acres in Shelbyville, Tennessee. The property features 16 park-owned mobile homes and was 100% occupied at the time of listing. The community benefits from public water and sewer, individually metered utilities, paved interior roads, and convenient access to local shopping, employment centers, and medical facilities. With established rental income and opportunities for market-supported rent increases, this property offers investors an attractive combination of current cash flow and long-term growth potential. 2026 income and NOI are budgeted and recasted. Total Square Footage is an estimate. ADDITIONAL INVESTMENT OPPORTUNITY: A second mobile home park located at 1675 Madison Street in Shelbyville is also available for purchase separately. Contact Tom at 615-790-5099 for additional information, financial details, and property tours. This property is co-listed with Greg Sanford with Greg Sanford Real Estate. 615-300-0753.

Additional Information

Acres
3.11

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Agent: Thomas E. Lochbihler | TOM@LOCHCOMPANY.COM

Office: Loch Company | 6157905099

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