Brainerd Multi Plex

Multi-Family for Sale
Catylist Listing ID: 30796459
Property Subtypes: Mixed Use
Number of Units: 9 Units
Building Size (RSF): 14,104 SF
Gross Land Area: 0.79 Acres
Sale Price: $925,000
Unit Price: $102,777.78 Per Unit
Property Use Type: Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/20/2022

Overview / Comments

This is a unique property in that it has a road front office building on the road front that can be rented for commercial purposes BUT has 8 residential one bedroom and one bathroom rental units in the back. Currently rental units are renting for $750.00 per month and on a month to month lease currently. The office building is currently the home of the owners business and the building can easily be sectioned off into 3 spaces with ample parking.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033157A C 01400P000
Zoning: COMMERCIAL
Percent Occupied: 100%
Property Located Between: Tunnel BLVD and Brainerd Road
Highway Access: I-24
Airports: Chattanooga Metropolitan
Total Number of Buildings: 3
Property Condition: Good
Number of Stories: 2
Year Built: 1970
Parking Type: Surface
Parking Description: Ample parking for offices and apartments in the rear.
Zoning Description: Commercial
Lot Frontage: 116
Lot Depth: 361
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,225 79,253 158,669
Median Age: 38.08 35.93 36.95
Households: 4,930 31,617 66,607

Contact

Photograph of Listing Agent

Daniel Hunter

RE/MAX Properties Greater Chattanooga REALTORS® Member
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