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Contact info

• 423-664-1550 [Office] 

Description

REDUCED BY OVER $200,000!!!! AVERAGE SALES PRICE IS $77,500/DUPLEX! AVERAGE MONTHLY INCOME $939/DUPLEX! The sale includes 31 duplexes that are professionally managed by Walldorf Properties. As of NOVEMBER 17, 2011 these 31 duplexes were 91% occupied. 13 duplexes are located off North Moore Road in the Brainerd submarket. These properties back up to the Brainerd Golf Course. Then there are 17 duplexes located on Basswood Lane and Basswood Drive which is located off Bonney Oaks Drive. The Volkswagen and Amazon.com plant facilities are within 2 miles of this group of duplexes. Then there is one duplex located in the Hixson submarket on Norcross Road. Please review the attachments to this listing to see vicinity and aerial maps of these properties and the associated tax cards. Also attached is the rent roll and current occupancy report. The duplexes can now be split up into groups. The price per unit will increase somewhat as fewer duplexes are purchased. The list agent has on file fiancial information, rent roll, tax cards and vivinity maps on-hand and ready upon request. Building price details: $2,402,500.

Property Details

• Building Name:31 Duplexes
• Type: Multifamily
• Use Types:Low-Rise/Garden
• Status: Available
• MSA: Chattanooga
• Zoning: Residential
• Buildings: 31

Terms

• Cash to Seller 

Map Locations