Five-41 Hotel to Multi-Family Conversion

Five-41 Hotel to Multi-Family Conversion

Jackson, TN
  • Property Type: Apartments
  • Year Built : 1989
  • Property Size: 62,732 SF / 129 Units


Capstone is please 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.

Investment Highlights

  • Rent vs. Own Income Analysis
  • Unbeatable Accessibility to Employment and Retail Nodes
  • Submarket Fundamentals & Zoning

Contact Information

Austin Heithcock Senior Advisor P: 615.477.1971
O: 800.746.3175 ext. 7021
Adam Klenk Managing Director P: 615.861.9906
O: 800.746.3175 ext. 7006
Jordan Arand Investment Sales Advisor P: 815.291.9250
O: 800.746.3175 ext. 7047
Blake Wiser Associate P: 731.234.2388
O: 800.746.3175 ext. 7116
Joshua White Investment Sales Advisor P: 334.703.2492
O: 800.746.3175 ext. 7022