8 Property Package

Multi-Family for Sale
Catylist Listing ID: 30516222
Property Subtypes: Duplex/Fourplex
Number of Units: 8 Units
Building Size (RSF): 12,546 SF
Gross Building Area: See Agent
Sale Price: $1,331,600
Unit Price: $166,450 Per Unit
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 8.4%
Last Updated: 11/29/2019

Overview / Comments

8 single family homes that are all leased and that all have great rental histories. Make 8.4% on your money with this rental property package. The properties can also be purchased individually as well. All of the properties have been well maintained. 5 of the properties are in Hixson. 1 property is in Soddy Daisy. The last 2 properties are in Ringgold. See "documents" for a list of the properties.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033082N C 00100
Zoning: R-1
Percent Occupied: 100%
Property Located Between: Hixson, TN and Ringgold, GA
Total Number of Buildings: 8
Property Condition: Good
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Other
Zoning Description: R-1.
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,765 30,692 71,051
Median Age: 41.53 41.28 41.82
Households: 1,036 12,085 29,350


Photograph of Listing Agent

Jason Farmer

The Group Real Estate Brokerag Greater Chattanooga REALTORS® Member
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