Bán, USD 1,299,000
916 Airport Rd, Chattanooga, tn, 37421, Chattanooga, Tennessee, Hoa Kỳ
Loại bất động sản : Nhà cho gia đình đông người
Hình thức bất động sản : Trang trại loại 1
Diện tích xây dựng : 5.040 ft² / 468 m²
Diện tích đất : 26.136 ft² / 2.428 m² Chuyển đổi diện tích đất
Phòng ngủ : 12
Phòng tắm : 6
Phòng tắm : 0
MLS#: 1528506
Mô tả bất động sản
Brand new 2026 construction six-unit apartment complex located in Chattanooga's high-demand Airport corridor, currently in active lease-up with projected stabilization within 90 days at approximately $120,000 gross annual income. This stabilized-ready asset features a clean, modern aesthetic with architectural shingle roofing, low-maintenance vinyl siding, full concrete parking, and updated interiors with stainless steel appliances in every unit, offering minimal to zero deferred maintenance for years to come. All units are single-level, providing convenient one-level living with strong accessibility appeal. Utilities are separately metered for electric and water, each unit has individual trash can service, and high-speed internet is available, creating efficient operations and meeting modern tenant expectations. The parcel appears to be located within a Community Reinvestment Act (CRA) eligible lending area, which may provide favorable financing considerations through participating lenders. The unit mix includes two end units projected at $1,800 per month and four interior units projected at $1,600 per month. Projected NOI is approximately $84,000 based on a conservative 70% expense ratio, reflecting an estimated 6.5% cap rate at current pricing assumptions. Professional property management is in place and overseeing lease-up, allowing a new owner to step into a turnkey investment with minimal operational friction. Located minutes from Chattanooga Metropolitan Airport, I-75 and Highway 153, and surrounded by major retail including Hamilton Place and national brands such as Target, Publix, Chick-fil-A, and Starbucks, along with major employers including Volkswagen Chattanooga Assembly Plant and Amazon. Rare small-format new construction multifamily opportunity in one of Chattanooga's most convenient and growth-oriented corridors. Buyer responsible to verify all information deemed important.
hơn
916 Airport Road, Chattanooga, TN, Hoa Kỳ,Tennessee,Chattanooga is a 5.040ft² Chattanooga luxury Nhà cho gia đình đông người listed bán USD 1,299,000. This high end Chattanooga Nhà cho gia đình đông người is comprised of 12 bedrooms and 6 baths. Find more luxury properties in Chattanooga or search for luxury properties bán in Chattanooga.