5640 Us-41 HWY Active Save Request In-Person Tour Request Virtual Tour
Jasper,TN 37347
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,644 sqft
Price per Sqft $158
MLS Listing ID 1394370
Year Built 1982
Lot Size 1.000 Acres
Acres 1.0
Lot Dimensions 382x231x422
Property Sub-Type Apartment
Source Greater Chattanooga REALTORS®
Property Description
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
Location
State TN
County Marion
Area 1.0
Interior
Interior Features Eat-in Kitchen,Open Floorplan
Heating Electric
Cooling Electric
Flooring Luxury Vinyl,Plank
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Private Yard
Parking Features Kitchen Level,Off Street
Garage Description Kitchen Level, Off Street
Utilities Available Sewer Connected
Roof Type Shingle
Garage No
Building
Lot Description Split Possible
Faces From Downtown Chattanooga take I-24 West for app. 20 miles; cross Nickajack Lake and take next exit US 41 ; Continue West on US-41 and the property is on the left just after you cross the Sequatchie River ; 5640 Hwy 41
Story One
Foundation Slab
Structure Type Other
Schools
Elementary Schools Marion County Elementary
Middle Schools Marion County Middle
High Schools Marion County High
Others
Senior Community No
Tax ID 120 013.05
Acceptable Financing Cash,Owner May Carry
Listing Terms Cash,Owner May Carry
Special Listing Condition Investor