Contact info

• 423-756-5700 [Office] 

Description

38 Townhouse Style Apartments with 16 One Bedroom and 22 Two Bedrooms Units. Owner has owned the property only 8 months and has spent money to upgrade existing units. The Cap Rate is based on a low Pro Forma NOI . There is great upside potential. Property located conveniently off Cloud Springs Road with app. 16,000 Average Daily Traffic Count. This is between US 27 and Interstate 75. Building price details: $1,000,000.

Property Details

• Building Name:Cedarlane Village Apartments
• Type: Multifamily
• Use Types:Low-Rise/Garden
• Status: Available
• Year Built: 1973
• MSA: Chattanooga
• Zoning: R3
• Buildings: 7
• ConstructionBrick

Exterior Features

• Parking Type: Surface

Terms

• Cash to Seller 

Agent

Map Locations