The Ridge Apartments - 40 Units in East Ridge
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||$73,750 Per Unit
|Property Use Type:
||Cash to Seller, Purchase Money Mortgage
Overview / Comments
Recently renovated gem in East Ridge! The Ridge Apartments is a well-maintained 40-unit apartment building located just off of S Seminole with quick access to Hamilton Place, downtown Chattanooga, and East Ridge. Currently 90% occupied with a GMI of $27,496. Three of the units feature 1 bedroom, 1 bathroom with 660 sqft; twenty-three units have 2 bedrooms, 1 bathroom with 750-924 sqft; the remaining fourteen units have 3 bedroom, 2 bathrooms with 1,270 sqft. There also is a 41st unit that would make a perfect manager's office. Plenty of on site storage. Don't miss out on this incredible opportunity! Call today for more information.
Attachments & Media
||033168C E 02800P000
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