Arbor Hill Apartments

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 29927314
Property Subtypes: Duplex/Fourplex
Status: Pending
Building Status: Proposed
Number of Units: 48 Units
Building Size (RSF): 33,000 SF
Gross Building Area: 37,800 SF
Gross Land Area: 3.90 Acres
Sale Price: See Agent
Property Use Type: Investment
Building Name: Arbor Hill Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2017

Overview / Comments

This property is a beautifully landscaped property located directly on Hwy 58 and has plenty of Road frontage. Walmart is supposed to be begin construction 2017. This is a built to suit property with unlimited potential. Walmart and this property will share a driveway easement on the north side of the property that has ingress/egress in close range to a traffic light.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 120-E-A-011 (out of)
Zoning: R3
Highway Access: Close proximity to Highway 153 and Interstates 75 and 24.
Airports: Chattanooga Airport
Site Description: Slight rolling hill that overlooks Highway 58 which allows high visibility.
Area Description: LOCATION, LOCATION, LOCATION!!! Walmart has been approved and should be breaking ground in 2017.
Total Number of Buildings: 3
Property Condition: Excellent
Number of Stories: 3
Year Renovated: 2017
Construction/Siding: Stucco
Parking Type: Surface
Heat Type: Electricity
Heat Source: Baseboard, Wall Units
Zoning Description: R3
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Easements Description: Typical power easement on the front of the property that would not effect building and a driveway easement that will be shared with the new and upcoming Super Walmart.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 23,293 84,861
Median Age: 41.01 41.28 40.81
Households: 789 9,864 34,442


Photograph of Listing Agent

Wendy J Elliott

Henry B Glascock Co. GCAR CMLS Member
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