$925,000 USD
Commercial for Sale, 500 Cumberland Ave, Jasper, Tennessee 37347
- MLS#1299747
- Minimum sellable space
2,104 m² (22,652 ft²)
Listed By CENTURY 21 Professional Group
The Commercial Property for Sale located at 500 Cumberland Ave, Jasper, Tennessee 37347 is currently for sale. 500 Cumberland Ave, Jasper, Tennessee 37347 is listed for $925,000.
Property features
Property
- Property size:
2,104 m² (22,652 ft²)
Lot/Land
- Land/Lot size:
11,210 m² (2.77 ac)
Construction
- Year built: 1983
- Roofing: Shingle-Asphalt
- Construction: Brick
Utilities
- Other utilities: City WaterSeptic Tank
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.
Location
500 Cumberland Ave, Jasper, Tennessee 37347