12 Unit Multi-Family

Withdrawn Multi-Family for Sale
Catylist Listing ID: 30108234
Property Subtypes: Mid-Rise
Number of Units: 12 Units
Building Size (RSF): 12,480 SF
Gross Building Area: See Agent
Sale Price: $975,000
Unit Price: $81,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Withdrawn On: 9/6/2017
Last Updated: 9/6/2017

Overview / Comments

Incredible investment opportunity in Hixson! This all brick, 12-unit apartment building is located on Ely Rd, close to Hixson Pike and Hwy 153. Currently 100% occupied, this apartment has a gross monthly income of $8,750, and requires minimal if any updates. Each unit has 2 bedrooms, 1.5 bathrooms, a living room, and a kitchen. There is an abundance of parking out front. Don't miss out on this incredible opportunity! Letter of intent is required before showings can be scheduled.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 109K E 024
Zoning: COMMERCIAL
Percent Occupied: 100%
Area Description: Located on Ely Rd, just off of Hixson Pike. Close access to Hwy 153.
Property Condition: Good
Year Built: 1972
Construction/Siding: Brick
Parking Type: Surface
Legal Description: S/S Ely Road Colonnade Apt 12 Units

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,672 41,793 101,863
Median Age: 39.49 39.01 39.96
Households: 3,717 18,944 43,807

Contact

Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC GCAR CMLS Member
© Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.