DEVELOPMENT OPPORTUNITY/CHATTANOOGA, TN | 1808 Cowart St
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DEVELOPMENT OPPORTUNITY/CHATTANOOGA, TN 1808 Cowart St
8 Unit Apartment Building $4,631,900 ($578,988/Unit) Chattanooga, TN 37408
Executive Summary
Two (2) large parcels located in Chattanooga's Southside district. Surrounded by retail/office/residential.
Tremendous development potential. Currently, income-producing apartment complexes will provide steady cash flow during initial development stages.
Tremendous development potential. Currently, income-producing apartment complexes will provide steady cash flow during initial development stages.
Property Facts
| Price | $4,631,900 | Building Class | C |
| Price Per Unit | $578,988 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 7,671 SF |
| Sale Conditions | Redevelopment Project | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2002 |
| Property Subtype | Apartment | Parking Ratio | 1.04/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Price | $4,631,900 |
| Price Per Unit | $578,988 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,671 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 1.04/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
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Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 145K-K-005 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $252,080 |
PROPERTY TAXES
Parcel Number
145K-K-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$252,080
zoning
| Zoning Code | M1 (Industrial) |
| M1 (Industrial) |
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DEVELOPMENT OPPORTUNITY/CHATTANOOGA, TN | 1808 Cowart St
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