7.0% 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
Jasper is located in Tennessee. Jasper, Tennessee has a population of 3,576. Jasper is more family-centric than the surrounding county with 49.4% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Jasper, Tennessee is $53,398. The median household income for the surrounding county is $53,148 compared to the national median of $69,021. The median age of people living in Jasper is 35.7 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 28.6 degrees. The average rainfall is approximately 53.2 inches per year, with 1.6 inches of snow per year.