Download Offering Materials: Five-41 Hotel to Multi-Family Conversion
Capstone is pleased to present the Five-41 Hotel Conversion, a hotel-to-apartment redevelopment opportunity located in Jackson, TN. The property currently operates as a 129-unit Clarion Inn. The hotel-to-apartment conversion space gives a rare opportunity for developers to reposition an existing asset into a rental apartment community. This provides an opportunity for buyers to provide attainable housing without incurring the expenses of ground-up construction. Potential renters will benefit from incredible accessibility to retail nodes off Interstate 40 and Vann Drive. Convenient location and the strength of surrounding multi-family fundamentals make Five-41 an attractive investment opportunity.
Rent vs. Own Income Analysis
Unbeatable Accessibility to Employment and Retail Nodes
Submarket Fundamentals & Zoning