302 Dunlap Avenue

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 29972764
Property Subtypes: Mid-Rise
Status: Pending/Contingent
Number of Units: 31 Units
Building Size (RSF): 30,089 SF
Sale Price: $1,500,000
Unit Price: $48,387.10 Per Unit
Property Use Type: Investment
Building Name: Seminole Path
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/2/2017

Overview / Comments

Great Location Multi family location with in 7 minutes to down town. The building has been recently updated with over 50% of the units having in unit washer / dryer hook ups. Renovations have included updated wood vinyl flooring, new paint colors, washer / dryer hook ups, updated plumbing, updated hvac of many of the units, updated main halls and more.

The seller has been changing the tenant mix to increase the rent roll and economic occupancy. If you are looking for a multi family property with significant upside you may want to evaluate this one further. Current rent roll over $15,000 per month with the ability to get to $20,000 per month. Call for your private showing today.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033156E D 01500P000
Property Condition: Average
Number of Stories: 3
Year Built: 1973
Year Renovated: 2012
Roof Type: Gable
Parking Type: Surface
Parking Description: 2 large paved lots for the upper and lower units extensive parking available.
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Internet Access: Cable, Gigabit

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,966 87,116 155,694
Median Age: 36.12 36.31 36.9
Households: 5,548 34,631 64,533


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