Map
Listed price in listed location currency (USD).
$950,000

000

MLS® 3223932

Overview

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 7
Lot Size 
Approx. Age 1956
MLS® Number 3223932

Property Address: 2323 N Jackson St, Normandy, TN, 37360-3136

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity just on the outskirts of Tullahoma approximately 1/2 mile from Lowe’s. This clean, well-maintained motel is currently operating at full capacity with zero vacancy and strong income potential. Property features 17 units, each offering a little over 300± sq ft, plus a spacious main office/residence approximately 1, 932± sq ft complete with kitchen and bath. Recent updates include a new roof, new vinyl siding, updated flooring, remodeled bathroom tubs, newer refrigerators and microwaves, updated septic system, and additional improvements throughout. Each unit currently generates approximately $300–$400 per week in rental income. Additional upside potential available with room to add up to 8 camper/RV spaces for expanded revenue opportunities. Turnkey income-producing property in a growing area with convenient access to shopping, restaurants, and major employers. Great opportunity for investors seeking immediate cash flow and future expansion potential.
MLS® Number3223932
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1956
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties