5640 Us-41 Jasper, TN 37347

This exceptional investment opportunity presents a meticulously renovated 14-unit apartment building located at 5640 US-41 in Jasper, Tennessee. Originally constructed in 1952 and completely refurbished in 2024, this Class A property boasts 7,644 square feet situated on a one-acre lot with Commercial zoning. The building features a single story and offers 14 units, providing a strong rental income stream. The property's impressive pro-forma net operating income (NOI) is $103,100, resulting in a compelling 7.00% capitalization rate. Its prime location offers easy access to Chattanooga (just 17 miles or a 27-minute drive), catering to the growing workforce housing demand in the area. The property's proximity to outdoor recreational activities, including the Sequatchie River, Nickajack Lake, and the Fiery Gizzard Trail, adds significant appeal to potential tenants. Owner financing may be considered. This is a rare chance to acquire a high-performing multifamily asset in a thriving market with strong potential for future appreciation. The property is ideally suited for investors seeking a stable, high-yield investment with significant upside potential. This turnkey operation requires minimal management and offers immediate cash flow. The building's recent renovation ensures long-term value and minimizes future maintenance costs. This is a truly unique opportunity to own a piece of this desirable Tennessee community.