North Georgia Investment Property

Multi-Family for Sale
Catylist Listing ID: 30661716
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Sale Price: $1,550,000
Unit Price: $96,875 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 7/29/2021

Overview / Comments

Excellent investment opportunity in North Georgia at the entrance to the Historic Chickamauga Battlefield. The Chickamauga Battle is the oldest and largest military park in the United States founded in 1890.

This address on sits on Barnhardt Circle which was once home to the 6th Calvary Post.

The property consists of sixteen units with 2 bedrooms and 1.5 baths per unit. Gross monthly income is $11,800.00. This property is currently 100% occupied with a waiting list. Building has a new roof and new windows have recently been installed.

Please do not disturb tenants. Contact agent for all showings.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Tax ID/APN: 0003I029
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1990
Roof Type: Arched
Parking Type: Surface
Air Conditioning: Package Unit
Internet Access: Fiber Optic
Interior Description: Townhome style units with upstairs and downstairs in each unit.
Legal Description: Area 26 Ft Oglethorpe/Barnhardt Apartments Landlot: 97 Landdist: 9

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,171 41,235 105,853
Median Age: 36.15 39.45 38.25
Households: 2,090 16,947 43,381


Photograph of Listing Agent

Virginia F Brockman

KW Commercial Greater Chattanooga REALTORS® Member
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