16-Unit Rental Portfolio

16 Unit Apartment Building | $2,995,000 ($187,188/Unit) | 7.18% Cap Rate | Chattanooga, TN 37404

Asking Price $2,995,000

Property Type: Multifamily
Square Feet: 24,000 SF

Listing Contacts

Jamie Brandenburg

Verified Profile

Property Info

Property Overview

This 16-unit rental portfolio (12 single family and 2 duplexes) offers a prime investment opportunity in the rapidly growing Chattanooga market. The portfolio includes a mix of properties, including two duplexes, all within a 10-mile radius and just 20 minutes from downtown Chattanooga. All units feature new siding, roofs, flooring, lighting, interior paint, and appliances. The properties are 94% occupied, some are Section 8 and others with potential to flip to Section 8 if desired, providing stable and reliable rental income. Located in areas experiencing strong appreciation, these properties are poised for future value growth. This portfolio is perfect for investors looking for a turnkey operation with strong cash flow and long-term appreciation potential. *Occupancy status subject to change.
16 Single Family Homes-
520 S Holly St, Chattanooga, TN (duplex)
524 S Holly St, Chattanooga, TN (duplex)
1322 Ely Road, Unit A, Hixson, TN 37343 (duplex)
1322 Ely Road, Unit B, Hixson, TN 37343 (duplex)
2103 Allin St, Chattanooga, TN 37406
1409 Bradt St, Chattanooga, TN 37406
4038 Denham Rd, Chattanooga, TN 37406
2598 E 39th St, Chattanooga, TN 37407
2305 Glass St, Chattanooga, TN 37406
4623 Highland Ave, Chattanooga TN 37410
1509 Lynnbrook Ave, Chattanooga TN 37404
412 N Hawthorne St, Chattanooga, TN 37404
218 N Hickory St, Chattanooga, TN 37404
2500 Orear St, Chattanooga, TN 37406
2013 Rawlings St, Chattanooga, TN 37406
2105 Rawlings St, Chattanooga, TN 37406

Property Details

Year Built/Renovated: 1965/2022
Stories: 1
Lot Size (sq. ft): 7,841 SF
Units: 16

Nearby Properties

Dallas MSA

2.8 Acres of Commercial Land in Dallas, TX 75243

9200 Markville Dr
Dallas, TX 75243

View Details
$1,825,000

Entenmann's Bakery Outlet

8,160 SF | Retail Building | Lakeland, FL 33801 | $1,825,000 ($224/SF)

3354 Us Highway 92
Lakeland, FL 33801

View Details
$422,093

0.57 Acres of Commercial Land Offered at $422,093 USD in Broken Arrow, OK 74012

850 Msn Ave
Broken Arrow, OK 74012

View Details
$1,999,000

21,680 SF Specialty Building Offered at $1,999,000 in Harrisville, MI 48740

790 Us 23
Harrisville, MI 48740

View Details
Vacant Land located near Harborage Marina

3.71 Acres of Commercial Land in Saint Petersburg, FL 33701

1100 4Th St
Saint Petersburg, FL 33701

View Details
$5,150,000

Walgreens

14,550 SF | Retail Building | Thomson, GA 30824 | $5,150,000 ($354/SF) | 5.99% Cap Rate

668 Main St
Thomson, GA 30824

View Details
$2,500,000

Owner-User (Manufacturing) - Vale, NC

82,876 SF | Industrial Building | Vale, NC 28168 | $2,500,000 ($30/SF)

7514 Nc Hwy
Vale, NC 28168

View Details

Similar Properties

$2,995,000

Country Club of Whispering Pines

22,599 SF Sports & Entertainment Building Offered at $2,995,000 in Whispering Pines, NC 28327

2 Club House Blvd
Whispering Pines, NC 28327

View Details
$2,995,000

Former SPC Health Education Annex Building

50,138 SF | Office Building | Pinellas Park, FL 33781 | $2,995,000 ($60/SF)

6698 68Th Ave
Pinellas Park, FL 33781

View Details
$2,995,000

15.39 AC - 33rd N

15.39 Acres of Commercial Land Offered at $2,995,000 USD in Idaho Falls, ID 83401

33Rd
Idaho Falls, ID 83401

View Details
$2,995,000

Multi-Use Commercial Building

23,209 SF | Retail Building | Cedar City, UT 84721 | $2,995,000 ($129/SF)

170 Fiddlers Canyon Rd
Cedar City, UT 84721

View Details
$2,995,000

8,592 SF | Flex Building | Hayward, CA 94544 | $2,995,000 ($349/SF)

25001 O'neil Ave
Hayward, CA 94544

View Details
$2,995,000

233380

16,191 SF | 100% Leased | Office Building | Indianapolis, IN 46204 | $2,995,000 ($185/SF)

333 Ohio St
Indianapolis, IN 46204

View Details
$2,995,000

Electric Mountain Lodge

8 Room Bed and Breakfast | Paonia, CO 81428 | $2,995,000 ($374,375/Room)

41348 Electric Mtn Ln
Paonia, CO 81428

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].