304 S Jefferson St, Tullahoma, TN

About 304 S Jefferson St

GREAT INCOME POTENTIAL! 6 lot mobile home park in center of Tullahoma, just one street over from S Jackson and almost directly behind the Tullahoma Post office. THIS IS PRIME REAL ESTATE AREA. This listing includes the land only, but 2 mobile homes owned by family member of seller must also be purchased by buyer as a sale of personal property to be transferred by bill of sale at a predetermined price., Titles will be provided There are 3 homes on the land and 3 open spaces with written permission from Tullahoma city codes to add 3 more units. Buyer could install more homes or rent spaces. Last lot lease agreement amount was for $355 and has been paid thru 2025.$355 is well below the average lot rental rate for the area. All current leases are therefore on a month to month beginning in 2026, so new owner would need to have land tenants sign new lease. The park has had a majority of the sewer lines replaced in 2025. Lot # 4 will need a sewer connection whenever a unit is moved on to that space. Lots 1, 5 and 6 lines have been replaced and lots 2 and 3 were in working order when last used. Lots 2,3 and 4 are vacant. The two mobile homes have both been completely remodeled. # 1 home has vinyl siding, newer roof, tankless water heater and covered carport and patio as well as outdoor storage. #6 home has had a complete indoor remodel, roof double sealed, new water heater. Both come with whatever kitchen appliances that are currently in the homes. Also both homes have had sheetrock placed throughout and feel more like a site build than a mobile home. Homes # 1 and # 6 both have more yard space than the middle 4 lots and should increase potential rental amount for those homes. .

Listing Map