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Listed by Thomas E. Lochbihler • Loch Company
$ 1,499,999
Est. payment | /mo
14,500 SqFt
$ 1,499,999
Est. payment | /mo
14,500 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 14,500 sqft
Price per Sqft $103
MLS Listing ID 3622996
Year Built 1972
Lot Size 2.160 Acres
Acres 2.16
Property Sub-Type Unimproved Land
Property Description
FOR SALE | 18-Unit Mobile Home Park + Single-Family Residence | 100% Occupied
Asking Price: $1,499,999
1675 Madison Street, Shelbyville, TN 37160
Excellent opportunity to acquire an established, income-producing manufactured housing
community located along Madison Street in Shelbyville, Tennessee.
Situated on approximately 2.16 acres, the property consists of 17 park-owned mobile homes and
one single-family residence, providing a total of 18 residential rental units.
The community is 100% occupied and benefits from public water and sewer, direct Madison
Street frontage, and convenient access to local shopping, restaurants, employers, and medical
services. With an established rental operation and potential for market-supported rent increases, this
investment offers an attractive opportunity for investors seeking immediate rental income and
long-term appreciation 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
1501 E Depot Street in Shelbyville is also available for purchase separately.
Contact Tom at 615-790-5099 for additional information, financial documentation, and to
schedule a property tour.
This property is co-listed with Greg Sanford with Greg Sanford Real Estate. 615-300-0753.
Asking Price: $1,499,999
1675 Madison Street, Shelbyville, TN 37160
Excellent opportunity to acquire an established, income-producing manufactured housing
community located along Madison Street in Shelbyville, Tennessee.
Situated on approximately 2.16 acres, the property consists of 17 park-owned mobile homes and
one single-family residence, providing a total of 18 residential rental units.
The community is 100% occupied and benefits from public water and sewer, direct Madison
Street frontage, and convenient access to local shopping, restaurants, employers, and medical
services. With an established rental operation and potential for market-supported rent increases, this
investment offers an attractive opportunity for investors seeking immediate rental income and
long-term appreciation 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
1501 E Depot Street in Shelbyville is also available for purchase separately.
Contact Tom at 615-790-5099 for additional information, financial documentation, and to
schedule a property tour.
This property is co-listed with Greg Sanford with Greg Sanford Real Estate. 615-300-0753.
Location
State TN
County Bedford County
Zoning C2 Hwy
Interior
Fireplace N
Others
Special Listing Condition Standard
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