2323 N Jackson St, Normandy, TN 37360
Active $950,000
No Baths
-- Beds
5,601 SqFt
2.83 Acres
- Outstanding Investment Opportunity Near Tullahoma! Discover this well-maintained, income-producing motel conveniently located just outside Tullahoma and approximately half a mile from Lowe’s. Currently operating at full occupancy with no vacancies, this property offers an excellent opportunity for investors seeking an established business with immediate income and future growth potential. The property features 17 rental units, each offering approximately 300+ square feet, along with a spacious 1,932± square-foot main office/residence complete with a kitchen and bathroom. Numerous improvements have been made throughout, including a new roof, new vinyl siding, updated flooring, remodeled bathroom tubs, newer refrigerators and microwaves, an updated septic system, and more. Each rental unit currently generates approximately $300–$400 per week, providing an established revenue stream. Looking to expand? The property also offers potential space for up to eight additional camper/RV sites, creating another opportunity to increase rental income, subject to applicable approvals.Conveniently situated near shopping, dining, and major employers, this property combines an established rental operation, recent improvements, and exciting expansion possibilities. Whether you're looking to grow your investment portfolio or acquire an existing hospitality business, this is an opportunity worth exploring. Schedule your private showing and discover the potential this property has to offer!
- Year Built: 1956
- Air: null
- Heat: null
- Water: null
- Sewer: null
MLS#: 3510850
I'd love to show you this commercial property. — Alex
Alex Warren, REALTOR®
Affiliate Broker, PARIS
731-819-7536
My name is Alex Warren, and I am happy to call Dresden, Tennessee, my hometown. Growing up on a chicken farm instilled in me a strong work ethic and a deep appreciation for the value of hard labor. I ...
Hi, I'm Alex.
I'd love to walk you through this commercial property. Let me know when works for you — I'll make it easy.