29-Pad Mobile Home Park on ±6 Acres

Highlights:

• 29-Pad Mobile Home Park on ±6 Acres
• 28 Pads Leased, 1 Available
• Rare Central Kentucky Investment Opportunity
• Value-Add Potential Through Rent Increases and Lot Occupancy
• Pad-Rent Only – No Seller-Owned Homes
• Month-to-Month Leases Below Market Rent ($386 vs. $500)
• Future Upside: 6 Additional Pads If Connected To Public Sewer
• Septic System Upgrades Completed in 2026
• Tenant-Paid Electric (KU)
• Prime US-27 Frontage Between Lexington and Nicholasville
• R-3 Zoning with 0.67-Acre B-1 Commercial Frontage Lot
• Additional $1,500 Annual Billboard Income

Description:

SVN | Stone Commercial Real Estate is pleased to present Bailey’s Mobile Home Park for sale. Located at 2070 Lexington Road in Nicholasville, Jessamine County, Kentucky, the property features 29 mobile home pads, 28 of which are leased, situated on approximately 6 acres zoned R-3 for mobile home use. The property also includes a 0.67-acre B-1 commercially zoned frontage lot along US Highway 27.

The park suits a mobile home park operator or income investor, and parks like it rarely come to the market in Central Kentucky.

It is pad-rent only: 28 of the park’s 29 pads are leased on month-to-month leases averaging $386, well below the $500 market rate. Tenants pay their own electric, the park runs on a self-contained septic system with new septic lines and a new pump in 2026, and a Lamar billboard lease adds $1,500 a year.

A buyer can add value by raising rents to market, billing water back to tenants and leasing the one remaining pad. Six additional pads currently used for the septic leach field could potentially be leased if the park is ever connected to public sewer. The park fronts US 27 (Lexington Road), 2.5 miles from downtown Nicholasville and 10 miles from downtown Lexington.

Listed by Travis Rose, SVN | Stone Commercial Real Estate, 859-806-1591 // travis.rose@svn.com. Travis sells land, industrial warehouses and investment properties, including mobile home parks, across Central Kentucky.

Nicholasville, Kentucky is a vibrant city located in Jessamine County, just south of Lexington. With a population of approximately 30,000 residents, Nicholasville offers a delightful blend of small-town charm and urban amenities. Demographically, Nicholasville reflects a diverse community. The city boasts a median age of 35 years, indicating a balanced mix of young professionals, families, and retirees. Nicholasville's strategic location in the heart of the Bluegrass region allows for easy access to the natural beauty and recreational opportunities offered by the surrounding countryside. From hiking and fishing to horseback riding and golfing, outdoor enthusiasts will find an abundance of options to explore. Overall, Nicholasville, KY is a welcoming and dynamic city, attracting individuals and families seeking a high quality of life, a strong sense of community, and a thriving economy. With its diverse demographics, excellent education system, and ample recreational amenities, Nicholasville presents an ideal blend of small-town charm and urban convenience.

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