Contact info

• 423-664-1550 [Office] 

Description

This 14 acres is located at the base of Signal Mtn on Mountain Creek Road. It would make an excellent site for a commercial/multifamily/town home/medical use building. The apartment opportunity is to develop a modern facility which would compete with the 40 year old apartment product in the neighborhood. There are about 12 complexes or 2,000 units of apartments that are 20-40 years old. The area would make a great location for long term care or medical use since there is a close-by hospital and easy shopping at Bi Lo or Walmart There are several town home type communities that have done well in this area too. Red Bank Elementary is directly across the street in a building that is about 4 years old. Just a mile away is Red Bank High School and the brand new middle school. Quick access to downtown and area shopping areas is a major reason why the area of town has done well. Building price details: $700,000.

Property Details

• Type: Land
• Use Types:Hospitality, Multi-Family, Residential (Single Family)
• Status: Available
• Lot Size: 14.000 Acres
• MSA: Chattanooga
• Zoning: R-1
• Buildings: 1

Terms

• Cash to Seller 

Agent

Map Locations