809 Chickamauga Ave Apts, Rossville, GA

Multi-Family for Sale
Catylist Listing ID: 30337877
Property Subtypes: Duplex/Fourplex
Number of Units: 8 Units
Building Size (RSF): 1,860 SF
Gross Land Area: 0.13 Acres
Sale Price: $360,000
Unit Price: $45,000 Per Unit
Property Use Type: Business
Building Name: 809 Chickamauga Duplexes
Usable Size (USF): 1,860 SF
Sale Terms: Cash to Seller
Cap Rate: 14.65%
Average Occupancy Rate: 100
Gross Rent Multiplier: 6.06
Last Updated: 2/15/2019

Overview / Comments

4 Duplexes 2 bedroom and 1.5 baths, one level drive up units.

Chickamauga Ave Duplexes MUST be combined with 811-813 Chickamauga Avenue, Total Cost $1,080,000, which includes 809 Chickamauga Ave at $360,000.00).

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Rossville
Tax ID/APN: 2010 036A
Zoning: C-2
Percent Occupied: 100%
Property Located Between: Hogan Road and Chickamauga Avenue
Highway Access: Hwy 27 North and South
Airports: Chattanooga Lovell Field
Site Description: Directly off of Hwy 27 (Chickamauga Ave) are the 4 Duplexes 2 bedroom and 1.5 baths. Drive up parking easy access.
Area Description: Rossville, GA is centered around Hwy 27, Rossville Blvd going north to Chattanooga with traffic counts topping 30,000 vehicles per day and Highway 27 South to the city of Fort Oglethorpe, Ga.
Total Number of Buildings: 4
Property Condition: Excellent
Number of Stories: 1
Year Built: 1993
Year Renovated: 2005
Roof Type: Arched
Construction/Siding: HardiePlank Siding
Exterior Description: Masonite duplex x four units.
Parking Ratio: 1 (per 1000 SF)
Parking Type: Surface
Parking Description: Drive up to individual units.
Total Parking Spaces: 8
Laundry: Laundromat Nearby
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Engineered System
Internet Access: Gigabit
Interior Description: 2 Bedroom and 1.5 bath.
Zoning Description: C-2
Lot Frontage: 78
Lot Depth: 75
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,162 60,861 132,917
Median Age: 39.77 36.88 37.47
Households: 3,364 24,915 54,440


Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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