Catylist ID: #30720832
Downtown Apartment Building for Sale
Multi-Family for Sale
|Catylist Listing ID:||30720832|
|Property Subtypes:||Mid-Rise, Mixed Use, Student Housing, Other|
|Number of Units:||25 Units|
|Building Size (RSF):||18,600 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$92,000 Per Unit|
|In Opportunity Zone?||Yes|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||92|
Overview / Comments
This twenty-five (25) unit apartment building is centrally located in downtown Chattanooga and within walking distance of UTC and many other downtown attractions. The building maintains a high occupancy rate year-round and units are remodeled as they turnover.
307 East 8th Street is an amazing investment opportunity to own a quality apartment building located within a Qualified Opportunity Zone in the Chattanooga downtown area.
The apartment building is part of a larger portfolio that can be purchased individually or collectively.
Contact agent to schedule an appointment. Due Diligence package available upon request and execution of an NDA.
Attachments & Media
|Tax ID/APN:||033145D M 01400|
|Property Located Between:||McCallie Avenue and MLK.|
|Total Number of Buildings:||1|
|Number of Stories:||4|
|Zoning Description:||The Commercial Mixed Use (U-CX) zone is intended to accommodate a variety of residential, retail, service and commercial building forms and uses. U-CX-6 allows for a maximum of 6 stories.|
|Proximity:||1 mile||3 miles||5 miles|
Frazier DeVaneyNAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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