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. Owner will consider Owner Financing
Status : Active
Source : RealTracs, Inc.
County : Marion County, TN
Property Type : Residential Income
Area : 7,644 sq. ft.
Year Built : 1982
Exterior Construction : Other
Floors : Other
Heat : Electric
HOA / Subdivision : None
Listing Provided by : Greater Downtown Realty dba Keller Williams Realty
MLS Status : Active
Listing # : RTC2709693
Schools near 5640 Us-41 Highway, Jasper, TN 37347 :
, Marion Co High School
Heating : Yes
Parking Features : Detached
Building Area Total : 7644 Sq. Ft.
Lot Size Dimensions : 382x231x422
Living Area : 7644 Sq. Ft.
Property Attached : Yes
Office Phone : 4236641900
Possession : Close Of Escrow
Cooling : 1
Levels : Three Or More
Stories : 1
Utilities : Electricity Available
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
We're ready when you are.
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