1406 Versailles Road, Lexington, KY 40504

$1,000,000
Property Type: Commercial Sale Lot Size (sq. ft.): 38,333 Status: Active
Current Price: $1,000,000 List Date: 1/29/2026 Last Modified: 6/02/2026

Overview

Description

Mobile Home Park Investment Opportunity - Kentucky Excellent opportunity to acquire a stabilized and income-producing 15-pad mobile home park in a growing Kentucky market. With 13 pads currently occupied and four park-owned homes included in the sale (two newly installed, two recently renovated), this property delivers strong cash flow from day one. The park features modernized sewer infrastructure, a quiet, long-term tenant base, and month-to-month leases across all residents — offering immediate income and lease-up flexibility. With two vacant pads ready for new tenants and existing pad rents still below market, there's significant upside through simple operational improvements. This is a low-maintenance asset with a very lean expense profile and excellent potential to push net operating income even higher. Whether you're looking to expand your portfolio or secure a steady-performing property in a solid rental market, this mobile home park checks all the boxes for both stability ...

Listing Details MLS# 26001799

Listing Information

Comp Sale YN
No
Property Sub Type
Mobile Home Park

Status Change Information

Status Change Timestamp
2026-01-29

Address

County
Fayette
Street Number
1406
Street Name
Versailles
Street Suffix
Road
State
KY
Zip Code
40504
Parcel Number
24313200

Contract

Original List Price
1000000
Start Showing Date
2026-01-29
Listing Contract Date
2026-01-23
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Commercial

Interior

Living Area Units
Square Feet
Building Area Source
Other
Building Area Units
Square Feet
Building Area Total
0

More Information

Building

Year Built
9999
Accessibility Features YN
No

Lot

Lot Size Acres
0.88
Lot Size Square Feet
38332.8

Remarks

Public Remarks
Mobile Home Park Investment Opportunity - Kentucky Excellent opportunity to acquire a stabilized and income-producing 15-pad mobile home park in a growing Kentucky market. With 13 pads currently occupied and four park-owned homes included in the sale (two newly installed, two recently renovated), this property delivers strong cash flow from day one. The park features modernized sewer infrastructure, a quiet, long-term tenant base, and month-to-month leases across all residents — offering immediate income and lease-up flexibility. With two vacant pads ready for new tenants and existing pad rents still below market, there's significant upside through simple operational improvements. This is a low-maintenance asset with a very lean expense profile and excellent potential to push net operating income even higher. Whether you're looking to expand your portfolio or secure a steady-performing property in a solid rental market, this mobile home park checks all the boxes for both stability and growth. Inquire today for full details and to schedule a viewing.

Tax & Legal

Tax Rate
0
Zoning
Other
Directions
From Downtown Lexington: Head west on Main Street toward N Broadway. Continue onto Versailles Road / US 60 W. Stay on Versailles Road for approximately 2-3 miles. The destination will be on the right at 1406 Versailles Road, just past nearby residential streets and communities.

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Possession

Close Of Escrow
Yes

Business Type

Commercial
Yes
Mobile/Trailer Park
Yes

Showing Requirements

Showing Service
Yes

Property Features

Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available Business Type: Commercial; Mobile/Trailer Park Possession: Close Of Escrow Showing Requirements: Showing Service
Listing Office: eXp Realty, LLC
Last Updated: June - 02 - 2026
Information deemed reliable but not guaranteed.