Chattanooga 21 UNIT Residential Offering
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Chattanooga 21 UNIT Residential Offering
12 Multifamily Properties Offered at $5,400,000 in Chattanooga, TN
Investment Highlights
- New Construction
- All Units Within 1 square mile in 37404
- Great Urban Location
Executive Summary
Near the historic neighborhood of Highland Park and newly developed Milltown is a first time offering of 21 residential units in the city of Chattanooga. Each unit is minutes from the popular Southside District of Chattanooga. The seller is a highly reputed general contractor who built these units from 2015 to 2023 in the neighborhood of Ridgedale, just west of McCallie School and Dodds Avenue. The Ridgedale neighborhood is located between South Willow Street and Missionary Ridge, from McCallie Avenue to Main Street. Founded in 1887, and annexed into the city in 1913, Ridgedale is one of Chattanooga's oldest neighborhoods with a history rich in culture, commerce, and industry. Ridgedale is a burgeoning area with an active, involved community association.
Made of Hardie board with concrete slab foundations, the units were built to last and have been meticulously maintained. The portfolio consists of a 9 unit two-story apartment complex, one duplex and 10 single family houses. All of the units are within one square mile in zip code 37404. Please only contact David Barrueta for information related to the units as each unit is occupied by a tenant. Thank you in advance for not disturbing the tenants. (Portfolio's 9 unit apartment complex could be sold separately for $2.4m while the 10 houses and duplex could be sold for $3.0m)
Made of Hardie board with concrete slab foundations, the units were built to last and have been meticulously maintained. The portfolio consists of a 9 unit two-story apartment complex, one duplex and 10 single family houses. All of the units are within one square mile in zip code 37404. Please only contact David Barrueta for information related to the units as each unit is occupied by a tenant. Thank you in advance for not disturbing the tenants. (Portfolio's 9 unit apartment complex could be sold separately for $2.4m while the 10 houses and duplex could be sold for $3.0m)
Property Facts
Price | $5,400,000 | Number of Properties | 12 |
Price / SF | $203.12 / SF | Individually For Sale | 0 |
Sale Conditions | Total Building Size | 26,585 SF | |
Sale Type | Investment | Total Land Area | 2.84 AC |
Status | Active |
Price | $5,400,000 |
Price / SF | $203.12 / SF |
Sale Conditions | |
Sale Type | Investment |
Status | Active |
Number of Properties | 12 |
Individually For Sale | 0 |
Total Building Size | 26,585 SF |
Total Land Area | 2.84 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
1225 Peachtree St, Chattanooga, TN 37404 | Multifamily | 1,976 SF | 2023 | - |
1308 Buckley St, Chattanooga, TN 37404 | Multifamily | 1,344 SF | 1930 | - |
1604 S Beech St, Chattanooga, TN 37404 | Multifamily | 1,200 SF | 2017 | - |
2303 Union Ave, Chattanooga, TN 37404 | Multifamily | 1,127 SF | 2017 | - |
2304 Union Ave, Chattanooga, TN 37404 | Multifamily | 1,598 SF | 2023 | - |
2306 Union Ave, Chattanooga, TN 37404 | Multifamily | 800 SF | 2016 | - |
2426 Chamberlain Ave, Chattanooga, TN 37404 | Multifamily | 800 SF | 2015 | - |
2430 Chamberlain Ave, Chattanooga, TN 37404 | Multifamily | 800 SF | 2015 | - |
2434 Chamberlain Ave, Chattanooga, TN 37404 | Multifamily | 800 SF | 2015 | - |
2438 Chamberlain Ave, Chattanooga, TN 37404 | Multifamily | 800 SF | 2015 | - |
2442 Chamberlain Ave, Chattanooga, TN 37404 | Multifamily | 800 SF | 2015 | - |
2016 Chamberlain
2016 Chamberlain Ave, Chattanooga, TN 37404 |
Multifamily | 14,540 SF | 2016 | - |
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Chattanooga 21 UNIT Residential Offering
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