2323 N Jackson St, Normandy, TN 37360

$950,000

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List Price
$950,000
MLS#
3510850
Status
ACTIVE
Type
Commercial
City
Normandy
County
Coffee
Lot Size
123,274
Year Built
1956
DOM
67

Property Description

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.

Additional Information

Acres
2.83

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Agent: Tammy Paxson | tammy@reddooralliance.com

Office: Real Broker | 8445917325

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