5640 Us-41 Highway, Jasper, TN

$1,210,000

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7,644

Square feet

About 5640 Us-41 Highway

8.2% 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. Owner will consider Owner Financing

Features of 5640 Us-41 Highway

MLS® # 2709693
Price $1,210,000
Bathrooms 0.00
Square Footage 7,644
Acres 0.00
Year Built 1982
Type Residential Income
Status Active

Community Information

Address 5640 Us-41 Highway
Subdivision None
City Jasper
County Marion County, TN
State TN
Zip Code 37347

Amenities

Garages Detached
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Electric
Fireplace No
# of Stories 1

Exterior

Roof Other
Construction Other

School Information

High Marion Co High School

Additional Information

Days on Market 478
Foreclosure No
Short Sale No

Listing Details

OfficeGreater Downtown Realty dba Keller Williams Realty

Listing Map

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