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
...
(Read more)
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.
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.
