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Contact info

• 423-756-5700 [Office] 

Description

This 22-unit complex is known as the North River Apartments. There are 14 1-bedroom and 8 2-bedroom units. Current occupancy is 64%.. There are 14 units leased as of 9/26/11. All lease are or were 12-month leases. After 1-year, the leases go month-to-month. Eight current tenants have occupied there apartments for more than 1 year. The rent range is from a low of $350 to up to $450 per month. Tenants pay for their own utilities including water. The P&L and rent roll is included with the listing information. Building price details: $499,000.

Property Details

• Building Name:North River Apartments
• Type: Multifamily
• Use Types:Low-Rise/Garden
• Status: Available
• Year Built: 1964
• MSA: Chattanooga
• Zoning: R3
• Buildings: 3

Exterior Features

• Parking: Yes
• Parking Spaces: 32
• Parking Type: Surface

Terms

• Cash to Seller 

Map Locations