Excellent investment opportunity just on the outskirts of Tullahoma approximately 1/2 mile from Lowe's. This clean, well-maintained motel is currently operating at full capacity with zero vacancy and strong income potential.Property features 17 units, each offering a little over 300+ sq ft, plus a spacious main office/residence approximately 1,932+ sq ft complete with kitchen and bath. Recent updates include a new roof, new vinyl siding, updated flooring, remodeled bathroom tubs, newer refrigerators and microwaves, updated septic system, and additional improvements throughout.Each unit currently generates approximately $300-$400 per week in rental income. Additional upside potential available with room to add up to 8 camper/RV spaces for expanded revenue opportunities.Turnkey income-producing property in a growing area with convenient access to shopping, restaurants, and major employers. Great opportunity for investors seeking immediate cash flow and future expansion potential.
Listed By
Agency Name: Keller Williams Realty - Murfreesboro
Agency Phone: 6158958000
Shown By
Agent Name: Robert Lippert
Agent Phone: (615) 801-3711
Agency Title: Crye-Leike Real Estate Services
2323 N Jackson St | MLS# 3223932
This commercial property located at 2323 N Jackson St , Normandy, TN 37360 is currently listed for sale with an asking price of $950,000. Search Normandy real estate on www.robertlippertrealtor.com today.