Catylist ID:
#30354932
Fully Leased/Updated Fourplex in Chattanooga
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30354932 |
| Property Subtypes: | Duplex/Fourplex |
| Status: | Pending/Contingent |
| Number of Units: | 4 Units |
| Building Size (RSF): | 3,060 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.64 Acres |
| Sale Price: | $275,000 |
| Unit Price: | $68,750 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 2/20/2019 |
Overview / Comments
|
Great opportunity to own a very well maintained and recently updated fourplex in Chattanooga that is 100% leased! Unit A: 960sf, 3BR/1BA, 2 story unit w/screened in porch Unit B: 800sf, 2BR/1BA, Large kitchen w/ dining room and back porch Unit C: 800sf, 2BR/1BA, Large kitchen Unit D: 500sf, Studio/1BA, Newly remodeled large kitchen Current GMI is $2250 All of the apartments have new flooring within the last 2 years All A/C units have been replaced within the last 5 years Building exterior repainted 2 years ago Roof replaced 5 years ago |
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Tax ID/APN: | 129B B 002 |
| Percent Occupied: | 100% |
| Highway Access: | Property located just off Hwy 58 and 2.5 miles from Hwy 153 on-ramp |
| Total Number of Buildings: | 1 |
| Number of Stories: | 2 |
| Year Built: | 1984 |
| Total Parking Spaces: | 10 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,269 | 28,507 | 117,587 |
| Median Age: | 40.27 | 40.18 | 40.06 |
| Households: | 3,233 | 12,493 | 48,795 |
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