Investment Package 4 Units

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30483554
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 2,912 SF
Gross Building Area: See Agent
Gross Land Area: 0.53 Acres
Sale Price: $199,400
Unit Price: $49,850 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 11/25/2019

Overview / Comments

Investment Package. 3 lots, 4 houses, fully occupied. New roofs, three homes already renovated. Sold all together-$225K.

Unit 41 Rent $625
Unit 51 Rent $550
Unit 69 Rent $595
Unit 71 Rent $600

Unit 41 & Unit 51 are on the same lot.
Rossville Ga 10 minutes from downtown.
From Chattanooga take Rossville Blvd south and turn left on Lakeview Road. After 1 mile turn right onto Nason Road, then left on Windish Circle.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Tax ID/APN: 0001A08500B
Zoning: R-1
Percent Occupied: 100%
Property Located Between: Lakeview Drive & Cross Street
Highway Access: Hwy 27 (Chickamauga Ave)
Airports: Chattanooga Metropolitan Airport
Total Number of Buildings: 4
Property Condition: Fair
Number of Stories: 1
Year Built: 1950
Year Renovated: 2019
Roof Type: Gable
Construction/Siding: Vinyl Siding
Zoning Description: R-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,176 72,550 135,180
Median Age: 40.05 37.51 37.26
Households: 4,705 30,147 55,656


Photograph of Listing Agent

Tyler Rogers

KW Commercial Greater Chattanooga REALTORS® Member
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