917 Mountain Creek Rd

Multi-Family for Sale
Catylist Listing ID: 30298516
Number of Units: 12 Units
Building Size (RSF): 7,300 SF
Gross Land Area: 1.30 Acres
Sale Price: $799,000
Unit Price: $66,583.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/6/2018

Overview / Comments

Sought after multi-family, 12 1 bedroom units. All have been updated. Good parking and potential to build more units. Large 21x60 storage building, close to Downtown. Great Rental history. 100% occupancy, some long term Tenants. PLEASE DO NOT DISTRUB TENANTS. Financials are attached with pictures.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 117-G-N-025.01
Percent Occupied: 100%
Property Located Between: Signal Mountain Blvd and Mountain Creek Rd
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1985
Roof Type: Other
Construction/Siding: Wood Siding
Parking Type: Surface
Laundry: Shared
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Other
Internet Access: Cable
Interior Description: Each unit is one bedroom and 1 bath, kitchenette, some units have washer/dryer unit, but there is also a coin operated laundry room on main level for Tenants use.
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Legal Description: Lot 1 Taylor Sub Mtn.Creek Rd

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,675 35,217 90,267
Median Age: 37.52 39.26 38.28
Households: 2,115 16,046 38,224

Contact

Photograph of Listing Agent

John G Martin

Fletcher Bright Realty Greater Chattanooga REALTORS® Member
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