39 Single Family Home Lots Alton Park Area

Vacant Land for Sale
Catylist Listing ID: 28584366
Property Subtypes: Residential (Single Family)
Gross Land Area: 3,175 - 9,300 SF
Sale Price: $4,800 - 16,800
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2017

Overview / Comments

Great opportunity for a single lot home owner or multi unit single family home builder. 39 platted single family home lots with all utilities in place in the Villages of Alton Park Phase III. These lots vary in size and price (see attached lot price list and plat with locations). These last 39 lots represent the remaining property left to finish out Alton Park with its picturesque craftsman style homes, public pool and community club house. At whatever time a buyer decides to construct their home or homes, they must be single family home, built to a certain standard. This phase of Alton Park does not permit for the construction of homes that are then rented out. They must either be owner occupied or in the case of a builder must be sold to an end user for them to occupy.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: See Attached Lot List
Zoning: SINGLE FAMILY
Market Type: Medium
Road Type: Paved
Property Visibility: Excellent
Legal Description: The Villages of Alton Park Phase III
Transportation: Bus, Taxi
Airports: Chattanooga Metropolitan Airport
Site Description: These are 39 individual single family home lots for sale as single lot sales or multiple lot sales. The information below appeared in a promotional brochure on Alton Park The Villages at Alton Park is located just below the scenic vistas of Lookout Mountain near the vibrant downtown core of Chattanooga. Boulevard Group, Inc. was engaged by the Chattanooga Housing Authority to provide development management services to revitalize the Alton Park neighborhood. The new community, The Villages of Alton Park, features a vibrant, attractive, mixed-use, neighborhood. Residential blocks reflect the architecture and design standards of Chattanooga’s neighborhoods. The new neighborhood capitalizes on the recreational opportunities presented by the Chattanooga Creek Greenway System and the City of Chattanooga parks. Extensive new infrastructure was created to develop the neighborhood city block street pattern for the new community and to strengthen linkages and create continuity with the adjacent downtown core.
Area Description: The current Villages in Alton Park were built under the now nonexistent Hope IV Funding Program
Lot Frontage: Various
Lot Depth: Various
Zoning Description: Single Family
Development Name: The Villages at Alton Park Phase III
Topography: Level
Easements: Utilities
Easements Description: Standard Easements for a single family home subdivision, however, the buyer should obtain their own survey to confirm this.
Available Utilities: Electric, Water, Cable, Broadband

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,461 44,341 105,830
Median Age: 34.41 33.56 36.14
Households: 1,455 16,826 42,780

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial GCAR CMLS Member

Source

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