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...read more 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.