1. Tennessee
  2. Jasper
  3. 5640 Us-41 Highway 1-14
$1,210,000/mo

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

  • 7,644 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1982
  • Property Lot Size Icon1acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $158/sqft
  • Property List Date Icon Listed 1 year ago

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

Listing Status:
Active
Date Added:
January 6, 2025 at 06:00AM
Listing Office:
Keller Williams Realty : 423-664-1900
MLS ID:
1394370
  • General: Eat-in KitchenOpen Floorplan
  • Flooring: Luxury VinylPlank
  • A/C: Electric
  • Heating: Electric

This listing courtesy of Keller Williams Realty

Location

Schools Nearby

J

Jasper Elementary School

495 Warrior Dr, Jasper, TN, 37347

Grades PK-4

1.57 miles away

J

Jasper Middle School

601 Elm Ave, Jasper, TN, 37347

Grades 5-8

1.74 miles away

M

Marion County High School

160 Ridley Ave, Jasper, TN, 37347

Grades 9-12

1.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.