Calvary Park Apartments

Multi-Family for Sale
Catylist Listing ID: 30289795
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Sale Price: $1,125,000
Unit Price: $70,312.50 Per Unit
Property Use Type: Investment
Building Name: Calvary Park Apartments
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/25/2018

Overview / Comments

Welcome to Calvary Park Apartments, a 16-unit apartment complex in Fort Oglethorpe. This well-maintained apartment building is located just off of Lafayette Rd near Chickamauga Battlefield, CHI Memorial Hospital, and an abundance of nearby shopping and dining. Also, just a 25-minute drive to downtown Chattanooga. Currently 100% occupied with a GMI of $9,390. Twelve of the units feature 2 bedrooms, 1.5 bathrooms with 875 sqft, while the remaining four units feature 2 bedrooms, 1.5 bathrooms with 1,125 sqft. This investment 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: Catoosa
Tax ID/APN: 0003I-031
Percent Occupied: 100%
Total Number of Buildings: 1
Year Built: 1989
Legal Description: Area 24 Ft Oglethorpe/ Calvary Park Apts Landlot: 97 Landdist: 9/4

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,432 37,907 105,853
Median Age: 37.96 39.57 38.25
Households: 2,572 15,690 43,381


Photograph of Listing Agent

Grace Frank

Real Estate Partners Chatt LLC Greater Chattanooga REALTORS® Member
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