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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
Multi Family
| Last Updated | 1/25/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1982 | County | Marion |
SCHOOLS
| Elementary School | Marion County Elementary |
|---|---|
| Jr. High School | Marion County Middle |
| High School | Marion County High |
Price History
| Prior to Jan 25, '25 | $1,399,900 |
|---|---|
| Jan 25, '25 – Today | $1,210,000 |
Additional Details
| AIR | Electric |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Other |
| EXTERIOR | Private Yard |
| HEAT | Electric |
| INTERIOR | Eat-in Kitchen, Open Floorplan |
| LOT | 1 acre(s) |
| LOT DESCRIPTION | Split Possible |
| LOT DIMENSIONS | 382x231x422 |
| PARKING | Kitchen Level, Off Street |
| STORIES | 1 |
| SUBDIVISION | None |
| TAXES | 2079.89 |
| UTILITIES | Sewer Connected |
Location
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