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

$1,540,000

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7,644

Square feet

1.00

Acre

About 5640 Us-41 Hwy 1-14

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.

Features of 5640 Us-41 Hwy 1-14

MLS® # 1394370
Price $1,540,000
Square Footage 7,644
Acres 1.00
Year Built 1982
Type Multi-Family
Sub-Type Apartment
Style 1 Story
Status Active

Community Information

Address 5640 Us-41 Hwy 1-14
Subdivision None
City Jasper
County Marion
State TN
Zip Code 37347

Amenities

Features Private Yard
Parking Off Street Parking, Main Level
Is Waterfront No

Interior

Heating Electric
Cooling Electric
Fireplace No
# of Stories 1
Stories 1.0
Has Basement Yes
Basement Slab

Exterior

Exterior Siding
Lot Description Extra Lot Available
Roof Shingle

School Information

Elementary Marion County Elementary
Middle Marion County Middle
High Marion County High

Additional Information

Foreclosure No
Short Sale No

Listing Details

OfficeKeller Williams Realty

Listing Map

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