3700 Cherryton Dr | Chattanooga, TN 37411
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- LoopNet Team
3700 Cherryton Dr
Chattanooga, TN 37411
The View at Midtown · Multifamily Property For Sale
·
23 Units
INVESTMENT HIGHLIGHTS
- Rents are currently $129 below market rate
- New roofs in 2022 and 2023
- Opportunity to build 11 additional units on-site utilizing 7 existing water meters from a previous structure
- More than $250,000 spent on capital improvements in the last 36-months
- 12-Minute (6.6 mile) drive from downtown Chattanooga
PROPERTY FACTS
| No. Units | 23 | Lot Size | 1.47 AC |
| Property Type | Multifamily | Building Size | 17,350 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1971 |
| Building Class | C | ||
| Zoning | R3 | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.47 AC |
| Building Size | 17,350 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Oven
- Range
- Views
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 10 | - | 515 |
| 2+1 | 1 | - | 900 |
| 2+1.5 | 12 | - | 942 |
PROPERTY TAXES
| Parcel Number | 157A-F-024 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $252,760 |
PROPERTY TAXES
Parcel Number
157A-F-024
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$252,760
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