Contacts
Tom Johnston
SVN | SFRhub Marketplace
Property Details
- Property Type Multi-Family
- Property Size 18,386 SF
- Units 9
- Lot Size 4.93 Acre
- Additional Rent Contact for pricing
- Year Built 1983
- Date Updated Aug 9, 2024
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Highlights
- All homes are single-family detached?
- Asset mix consists of two 3 bedroom, six 4 bedroom, and one 5 bedroom
- Average home size of 2,042 square feet
- Average lot size of 23,861
- Average vintage of 1983
- 9 homes scattered in Apple Valley, 2 in Hixson, 2 in Ooltewah, 1 in Soddy Daisy, and 1 in Chattanooga
- The average asking price per home is $389k
- 100% leased to fully vetted tenants
- The average current monthly rent is 2,512
- Stabilized year 1 net cap rate of 6.06%?
- Stabilized year 1 NOI of $212,249
- All SVN® Offices Are Independently Owned & Operated
- Local Broker License Information: www.SFRhub.com/realestatelicensing
Getting around
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Location
- City Knoxville & Chattanooga, TN
- Neighborhood Martin Luther King
- Zip Code 37909
- Market Chattanooga
Points of Interest
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East Chattanooga
3.51 miles
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Grand Junction
6.05 miles
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ChargePoint
0.13 miles
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CARTA/548 VINE ST #1
0.51 miles
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CARTA/548 VINE ST #2
0.51 miles
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eVgo
0.62 miles
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Electrify America
0.75 miles
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Electrify America Charger
0.81 miles
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Exxon
1.09 miles
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Harry's #23
1.17 miles
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kankus inc
1.32 miles
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Citgo
1.66 miles
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American Legion Post 14 Reserved Parking Lot
0.20 miles
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Unum
0.38 miles
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Republic Parking
0.41 miles
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24
0.45 miles
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48
0.49 miles
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Republic Parking Lot
0.55 miles
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Blue Cross Parking
0.56 miles
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32
0.63 miles
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33
0.69 miles
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The Read House Historic Inn And Suites
0.10 miles
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The Dwell Hotel
0.14 miles
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Hotel Bo
0.17 miles
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The Westin
0.22 miles
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The Westin Chattanooga
0.23 miles
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Chattanooga Marriott Downtown
0.30 miles
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Hotel Indigo Chattanooga - Downtown
0.31 miles
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The Chattanoogan
0.34 miles
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La Quinta Inn & Suites by Wyndham Chattanooga Downtown/South
0.36 miles
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Holiday Inn Hotel & Suites Chattanooga Downtown
0.39 miles
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Food City
0.44 miles
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Whole Foods Market
1.24 miles
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Publix
1.34 miles
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Supermercado
3.11 miles
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Save-A-Lot
3.19 miles
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Gannon Art Center
3.44 miles
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Walmart
3.60 miles
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Walmart Supercenter
3.60 miles
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ALDI
3.71 miles
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Big Lots
5.44 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Tom Johnston
SVN | SFRhub Marketplace