Pamela Brown

Multi-Family for Sale
Catylist Listing ID: 30643792
Property Subtypes: Mixed Use
Number of Units: 7 Units
Building Size (RSF): 2,212 SF
Gross Building Area: See Agent
Sale Price: $217,000
Unit Price: $31,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/5/2021

Overview / Comments

1.8 acres situated next to a beautiful creek and conveniently located just off of Old State Highway 8. 4 refurbished greenhouses at 11,000 square feet, gutter connected with new 6 mil double poly covering. Houses have new week barrier flooring, updated electrical with generator back up, 2 new butane electric pilot natural gas heaters and LED grow lights. Greenhouses are attached to large metal warehouse. Warehouse includes a full bathroom. Property uses city and spring water. Also included on property are 3, 2 bedroom, 1 bathroom mobile homes. Asking price of $220,000. Seller is currently using greenhouses for hemp clone production. Facility can be sold with hemp genetics and all equipment (flat filler, trimmer, soil, 72 cell plastic trays, 3 gallon containers, 250 gal skid sprayer, and flower bucker) along with everything listed above for an asking price of $350,000. Possibility of owner financing.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Sequatchie
Tax ID/APN: A Portion Of 035 018.00
Year Built: 1978
Roof Type: Other
Heat Type: Electricity
Air Conditioning: Other
Legal Description: A portion of 035 018.00

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,138 8,975
Median Age: 37.69 39.05
Households: 1,580 3,451


Photograph of Listing Agent

Pamela D Brown

Century 21 Professional Group Greater Chattanooga REALTORS® Member
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