Oak Tree Apartments

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30289835
Property Subtypes: Low-Rise/Garden
Status: Pending/Contingent
Number of Units: 12 Units
Building Size (RSF): 12,160 SF
Gross Building Area: See Agent
Sale Price: $840,000
Unit Price: $70,000 Per Unit
Property Use Type: Investment
Building Name: Oak Tree Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2018

Overview / Comments

Welcome to the Oak Tree Apartments, a 12-unit complex situated off of Bonny Oaks Dr. Located close to an abundance of businesses, including the FedEx shipping center and a short drive from Volkswagen. Each unit in this well-maintained investment property features 2 bedrooms, 1.5 bathrooms with 912 total sqft. Currently 100% occupied with a GMI of $7,902. This property can also be purchased as a part of a larger package deal totaling 118 units for $7,510,000. ​Don't ​miss out on this incredible opportunity! Call today for more information​.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 129N G 003
Percent Occupied: 100%
Total Number of Buildings: 1
Year Built: 1977
Legal Description: Lot 1-A Austin Farms Pb38 Pg54 Oak Tree Apts 12 Units

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,821 32,646 116,762
Median Age: 38.57 41.17 40.04
Households: 1,524 14,041 48,679


Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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