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.

Investment Highlights

• 18 total rental units
• 17 park-owned mobile homes
• One single-family residence
• 100% occupancy
• Approximately 2.16 acres
• Public water and sewer
• Established income-producing property
• Potential for continued rental growth
• Convenient Shelbyville location

ADDITIONAL INVESTMENT OPPORTUNITY: A second mobile home park located at
1501 E Depot Street in Shelbyville is also available for purchase separately. The additional
property features 16 park-owned mobile homes situated on approximately 3.11 acres and is
offered at $1,299,999. Investors may purchase either property individually or explore the
opportunity to acquire both properties as a 34-unit manufactured housing investment portfolio.

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.

Details