MULTI-FAMILY PROPERTIES! INVESTMENT OPPORTUNITY!

Multi-Family for Sale
Catylist Listing ID: 30651532
Property Subtypes: Duplex/Fourplex, Other
Number of Units: 23 Units
Building Size (RSF): 23,384 SF
Sale Price: $1,950,000
Unit Price: $84,782.61 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/30/2020

Overview / Comments

Great investment opportunity! 3 apartment complexes with 23 total rental units for sale in Ringgold, GA area! 464 GUYLER ST has two apartment buildings each with 4 rental units (total of 8 units) featuring 2 BR, 1.5 BA, living, & kitchen area. 16 INDIGO LN features one apartment buildings with 4 rental units, also featuring 2 BR, 1 BA, living, & kitchen area. 60 MOUNTAIN VIEW DR has two apartment buildings along Alice Lane (constructed in 2000), each with five units for a total of 10 apartments, plus one single-family home fronting Mountain View Dr (constructed in 1959). Each apartment unit has kitchen, living, 2 bedroom, 1.5 baths, stove, dishwasher, refrigerator, central heat and air, carpet and tile floor coverings. Single-family home has 1,464 sq ft, with 3 BR, 1 BA, pine floors, central heat and air. Properties are currently 100% occupied. Call for more details or showings.

Additional Details

Nearest MSA: Chattanooga
County: Catoosa
Taxing Authority: Catoosa County
Tax ID/APN: R0050060
Zoning: C3
Percent Occupied: 100%
Highway Access: Located just off Hwy 41 and Interstate 75
Airports: Chattanooga Metropolitan Airport
Total Number of Buildings: 6
Property Condition: Good
Number of Stories: 2
Parking Type: Surface
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable
Water Service: Municipal
Sewer Type: Septic
Legal Description: 60 Mountain Veiw Dr: LOTS 138-141 PTLTS142-144 CAMPBELLS LAKE 464 Guyler St: GUYLER APT HOMES 16 Indigo Ln #4: LOTS 129-137 CAMPBELLS LAKE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,575 19,043 39,648
Median Age: 35.17 37.41 38.38
Households: 681 7,132 14,636

Contact

Photograph of Listing Agent

Pamela D Maples

RE/MAX Real Estate Center Greater Chattanooga REALTORS® Member
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