Investment Portfolio of 9 Single Family Houses

Multi-Family for Sale
Catylist Listing ID: 30563003
Number of Units: 9 Units
Building Size (RSF): 11,194 SF
Gross Building Area: See Agent
Sale Price: $899,000
Unit Price: $99,888.89 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 3/24/2020

Overview / Comments

Portfolio of 9 well maintained, single family homes with a consistent rental history. Two houses have been recently renovated. With new leases in place upon completion of renovations, gross monthly rent will be nearly $7,000.00.

718 Woodvale Ave, Chattanooga TN 37411
723 Sylvan Ave, Chattanooga, TN 37411
724 Sylvan Ave, Chattanooga, TN 37411
738 Sylvan Ave, Chattanooga, TN 37411
740 Sylvan Ave, Chattanooga, TN 37411
821 Sylvan Dr, Chattanooga, TN 37411
823 Sylvan Dr, Chattanooga, TN 37411
827 Sylvan Dr, Chattanooga, TN 37411
829 Sylvan Dr, Chattanooga, TN 37411

These houses are available as a portfolio and the owner is not interested in selling individually.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County; Chattanooga
Percent Occupied: 80%
Property Condition: Good
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Each house has off street parking.
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,386 75,513 170,212
Median Age: 38.25 38.12 37.28
Households: 4,812 32,293 70,746


Photograph of Listing Agent

Cullon Hooks

Janus Commercial, LLC Greater Chattanooga REALTORS® Member
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