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5640 Us-41 Hwy , 1-14

Jasper, TN 37347
  • $1,540,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 1394370
UPDATED: 103 min ago
$1,540,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,644
    SQFT
  • $201
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

7.0% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area.

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5640 Us-41 Hwy , 1-14 Jasper, TN 37347

  • Price: $1,540,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 103 min ago
  • MLS #: 1394370
0
Beds
0
Baths
0
½ Baths
1
Acres
7,644
SQFT
$201
$/SQFT
1982
Built
Neighborhood:
None
County:
Marion
Area:
Jasper
Elementary School:
Marion County Elementary
Middle School:
Marion County Middle
High School:
Marion County High
Property Description
7.0% Cap. Originally built as a hotel, this 14 Unit Apartment Rental, has been expertly refurbished. Tons of charm and only 17 miles or 27 minutes to Chattanooga. Excellent for Chattanooga, Monteagle, Sequatchie Valley workforce needs. Great for the outdoor enthusiast, who would work in Chattanooga during the week and would want to enjoy the outdoors on the weekend. Walking distance to the Sequatchie River's canoeing and Kayaking. Only minutes to Nickajack Lake and it's award-winning Bass fishing and water sports. Bring your ski-boat and make a day of it on the lake! Nearby Monteagle gives you tons of Hiking Opportunities, such as the Fiery Gizzard Trail. This 14 Unit Rental is perfectly located to fulfill part of the growing need for workforce housing in a very tight housing market in the area.
Exterior Features

Exterior Siding Garage Parking Main LevelOff Street Parking Lot Description Extra Lot Available Lot Size Dimensions 382x231x422 Roof Shingle

Interior Features

Basement Slab Cooling Electric Description 1 Level Heating Electric Unit One Bedrooms 1 Unit One Features 1 Bath1 BedroomDining/Living ComboEat-In KitchenKitchenLuxury Vinyl PlanksMicrowaveOven/RangeRefrigerator Unit One Full Baths 1

Property Features

Community Features Private Yard Existing Financing Conventional Financing Cash Gross Monthly Rent 12600.00 Home Warranty No Owner Pays Water Possession Day of Closing Property Sub Type Apartment Senior Community YN No Taxes 2079.89 Tenant Pays ElectricSewer Type Of Sale Investor Unit One Unit Number 1thru 14 Water Sewer On Sewer

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Listing information © 2024 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: (423) 664-1900.



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Denise Murphy with Keller Williams Realty
5008 Austin Road
Hixson TN, 37343