Catylist ID: #30552684
Multi-Family for Sale
|Catylist Listing ID:||30552684|
|Number of Units:||15 Units|
|Building Size (RSF):||10,000 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||4.49 Acres|
|Unit Price:||$86,600 Per Unit|
|Property Use Type:||Investment|
|Building Name:||Clair St|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||100|
Overview / Comments
Owner of the property is also the builder of all buildings with the exception of the older home with an apartment in the rear which was on the property when he purchased it.
Construction of the newer units within the last two years is a combination of wood frame, brick veneer, masonry brick , and T1-11 Siding. Units have ramps, walk-in-showers, handicap accessible to all rooms. Units have very low electric bills due to the extra insulation and energy efficient HVAC's. Square footage ranges from 800 to 1500. All units are furnished with laundry hook ups, refrigerators, range/oven, microwave, and dishwasher.
The residential home was built in 1952. The other units were built from 2018-2019. The property is not in a flood zone.
Owner chose to make this a 50 year plus community with no children. The community is well kept and maintained.
Property is on sewer with underground utilities.
NOI $116,010. Call agent for additional details.
Attachments & Media
|Taxing Authority:||Walker County|
|Tax ID/APN:||0205 097|
|Property Located Between:||South Crest and MIssionair|
|Highway Access:||I 24|
|Site Description:||Level, gravel driveways, an the end of quiet cul-de-sac, surrounded by residential homes|
|Area Description:||Residential homes, very convenient to South Crest, which leads you to Rossville Blvd to go downtown, or toward John Ross to Ringgold Rd to go the I24 toward East Brainerd or Hixson.|
|Total Number of Buildings:||15|
|Number of Stories:||1|
|Laundry:||In Each Unit|
|Heat Source:||Wall Units|
|Internet Access:||Fiber Optic|
|Interior Description:||Each unit is a one bedroom with a living room, walk in shower, kitchen, and breakfast area.|
|Zoning Description:||R 2|
|Legal Description:||PTLL 11 9/4 Lots 80 81 82 & 83 Villard Hgts|
|Proximity:||1 mile||3 miles||5 miles|
Judy WebsterKeller Williams Realty Greater Chattanooga REALTORS® Member
|© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|