500 Cumberland Ave, Jasper, TN 37347

Commercial property for lease

  • Description
  • ATTENTION INVESTORS - RARE OPPORTUNITY - 24 unit apartment complex located in Jasper Tennessee (formerly government subsidized - will transfer WITHOUT the rent restrictions) 4 - 1BR 1BA 741 sq ft units, 16 - 2BR 1BA 965 sq ft units, 4 - 3BR 1BA 1062 sq ft units. 4 apartment buildings, On site management office, playground, basketball court, laundry facility and 50+ paved parking spots. Current rents are at restricted rated and new owner will have opportunity for higher cap rates due to lifted restrictions at sale. Building price details: $799,000.
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 50
    Parking Type: Surface
  • Contact info
  • Pamela D Brown
    Century 21 Professional Group
  • Note
  • Details Info about this row that located on 500 Cumberland Ave, Jasper, TN 37347 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Building Name: Town Creek Apartments
    Property Type: Commercial (Other)
    Status: Available
    Building Size: 3 SF
    Number of Stories: 2
    Year Built: 1983
    Submarket: Low-Rise/Garden
    MSA: Chattanooga
    Zoning: R-2
    Buildings: 5
    Construction: Brick/Vinyl Siding
    Terms: Cash to Seller
    Added: 05/11/2019
    Last Update: 06/25/2019

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