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Listed by Roy Arick • Greater Downtown Realty dba Keller Williams Realty
$1,210,000
Est. payment /mo
7,644 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,644 sqft
Price per Sqft $158
MLS Listing ID 2709693
HOA Y/N No
Year Built 1982
Annual Tax Amount $2,080
Lot Dimensions 382x231x422
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 County
Interior
Heating Electric
Cooling Electric
Flooring Other
Fireplace N
Exterior
Utilities Available Electricity Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Structure Type Other
New Construction false
Schools
High Schools Marion Co High School
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Jenn McMillion
Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® | License ID: TN: 343054 KY: 247503
Team Lead | TN Broker | KY Affiliate Broker | SRS® | MRP® | CRS® | ABR® License ID: TN: 343054 KY: 247503