Commercial for Sale, Multi-Family Home 500 Cumberland Ave, Jasper, Tennessee 37347, USA

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Commercial For Sale: USA Tennessee Jasper 500 Cumberland Ave

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$925,000 USD

500 Cumberland Ave
Jasper, Tennessee 37347
USA

2,104.371 m² :: 22,652 sqft

Commercial for Sale, Multi-Family Home

Land size: 1.121 ha :: 2.77 acres

Sale price per sqm: 439.55

Tax: 8,042.13 USD

CENTURY 21 Professional Group
16875 Rankin Avenue
Dunlap, Tennessee 37327, United States
Phone: 4239497653

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Remarks:

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.

Features:

Year Built: 1983
Building age: 31-40 years old
Construction: Brick
Utilities: City water, Septic tank
Roofing: Shingle-Asphalt

Location:

500 Cumberland Ave, Jasper, Tennessee 37347, USA

Listed By CENTURY 21 Professional Group

The Commercial for Sale, Multi-Family Home located at 500 Cumberland Ave, Jasper, Tennessee 37347, USA is currently for sale. 500 Cumberland Ave, Jasper, Tennessee 37347, USA is listed for $925,000 USD. This property has 22,652 sqft. If the property located at 500 Cumberland Ave, Jasper, Tennessee 37347, USA isn't what you're looking for, search Tennessee Real Estate to see other Commercial For Sale in Jasper.

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