Active · MLS#: RTC3622996
$1,499,999
1675 Madison St
Shelbyville, TN 37160
About this home
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.
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Property facts
- Bedrooms
- —
- Bathrooms
- —
- Square feet
- —
- Lot acres
- 2.16
- Year built
- 1972
- Garage spaces
- —
- Property type
- Unimproved Land
- County
- Bedford County, TN
Location
Homes nearby
Listed by Loch Company · MLS#: RTC3622996 · Status: Active
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 11/1/2026, 7:52:00 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.
