8 unit apartment complex - Great investment

Multi-Family for Sale
Catylist Listing ID: 30790939
Property Subtypes: Duplex/Fourplex, Mid-Rise
Number of Units: 8 Units
Building Size (RSF): 4,350 SF
Gross Building Area: See Agent
Sale Price: $999,000
Unit Price: $124,875 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2022

Overview / Comments

New 1BR 1BA apartments. Each unit comes with fully furnished kitchen with new stainless appliances The front 4 units have a separate deck The back 4 units have a shared deck All units include the following utilities: Water, sewer, trash and wifi. Each unit comes with 2 parking spaces and shared grill area with picnic tables and small pet area.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Tax ID/APN: 058155HD00100
Year Renovated: 2022
Heat Type: Electricity
Heat Source: Central

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,920 5,454 9,791
Median Age: 41.51 42.37 42.8
Households: 840 2,225 4,020


Photograph of Listing Agent

Jimmy Sneed

Century 21 Cumberland Realty Greater Chattanooga REALTORS® Member
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