James Creek Townhomes | James Creek Drive
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James Creek Townhomes James Creek Drive
42 Unit Apartment Building $13,230,000 ($315,000/Unit) Ooltewah, TN 37363
Investment Highlights
- 42 New Construction Townhomes
- Class A Finishes
- Individually Parceled
- Located Near Major Employers, Retailers, and Schools
Executive Summary
SVN | Wood Properties is proud to exclusively present James Creek Townhomes. These new construction, Class A units are being built by Turner Homes, one of East Tennessee's largest and most well-respected home builders. This offering includes 42 units, all of which are 1,464-SF townhomes that are 3 bedroom 2.5 bathrooms with a one-car garage. The units are all individually parceled, allowing an investor to either hold these as rentals or sell them individually. These units are part of a larger community known as James Creek. There is an HOA that is $60 per month, per unit, that covers all lawn care, landscaping, and common area maintenance.
This community is located in Ooltewah, Tennessee, one of Chattanooga's fastest growing suburbs. These units are just a few minutes from Ooltewah Elementary, Middle, and High School. Major employers nearby include Volkswagen, Amazon, FedEx and many others. Many major retailers and restaurants are also located nearby. Downtown Chattanooga and the University of Tennessee Chattanooga are both less than 25 minutes away, making these units centrally located to all amenities and attractions that Chattanooga has to offer. The estimated monthly rent for these townhomes is $2,300 or more. Closings will take place in groups as the units are built and receive their COs.
This community is located in Ooltewah, Tennessee, one of Chattanooga's fastest growing suburbs. These units are just a few minutes from Ooltewah Elementary, Middle, and High School. Major employers nearby include Volkswagen, Amazon, FedEx and many others. Many major retailers and restaurants are also located nearby. Downtown Chattanooga and the University of Tennessee Chattanooga are both less than 25 minutes away, making these units centrally located to all amenities and attractions that Chattanooga has to offer. The estimated monthly rent for these townhomes is $2,300 or more. Closings will take place in groups as the units are built and receive their COs.
Property Facts
| Price | $13,230,000 | Building Class | B |
| Price Per Unit | $315,000 | Lot Size | 27.12 AC |
| Sale Type | Investment | Building Size | 61,488 SF |
| No. Units | 42 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.47/1,000 SF |
| Apartment Style | Townhome |
| Price | $13,230,000 |
| Price Per Unit | $315,000 |
| Sale Type | Investment |
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 27.12 AC |
| Building Size | 61,488 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Parking Ratio | 0.47/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
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James Creek Townhomes | James Creek Drive
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