Prime location just off Exit 16 with direct visibility and easy access to I-24, just minutes from town and nearby amenities. This income-producing property offers multiple revenue streams and includes a mobile home park with nine tenant-owned mobile homes, a former strip motel converted into two apartments (one currently used for storage), a residence currently operating as a residential/service business, and a former garage providing additional storage or flexible-use space and additional acreage with future mixed-use potential. The property offers more than 4,000 square feet under roof and is 100% occupied by long-term tenants. Rental rates have seen minimal adjustments over the years, creating potential upside for future income growth. Also included is approximately one acre of undeveloped land overlooking I-24 that may offer future mixed-use development potential, subject to applicable zoning regulations and governmental approvals. A rare opportunity to acquire a well-located, diversified income-producing property with strong occupancy and future potential. Schedule your private showing today.
| MLS # | 26017893 |
|---|---|
| Listing Type | For Sale |
| Style | Mobile Home Park |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 44 |
| Listing Provided By | Elite Realty | LaDonna Umstead |
| SQ Feet | 4,099 |
|---|---|
| Building(s) | 3 |
| Zoning | UR |
| Acreage | 3.73 |
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Roof | Metal |
|---|
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| State | KY |
|---|---|
| County | McCracken |
| City | Paducah |
| Zip Code | 42003 |
| Area | 119 McCracken County |
| Subarea | McCracken County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $540,000 low | high Med: $289,999 sqft: 4,099 low | high Med: 1,845 $ / sqft: $132 low | high Med: $157 On site: 44 low | high Med: 48 | |
| State | KY |
|---|---|
| County | McCracken |
| City | Paducah |
| Zip Code | 42003 |
| Area | 119 McCracken County |
| Subarea | McCracken County |
| Community Name | Rural |
| Listing VS Median (in Rural) | |
Price: $540,000 low | high Med: $289,999 sqft: 4,099 low | high Med: 1,845 $ / sqft: $132 low | high Med: $157 On site: 44 low | high Med: 48 | |