916 Airport Rd, Chattanooga, Tennessee

Multifamiliale à vendre à Chattanooga

916 Airport Rd, Chattanooga, TN

  • 1 638 948 CA$
  • 12 cac
  • 6 sdb
  • 0,60 ac Terrain
  • 1 638 948 CA$

Multifamiliale à vendre à Chattanooga

916 Airport Rd, Chattanooga, TN

  • 1 638 948 CA$
  • 12 cac
  • 6 sdb
  • 0,60 ac Terrain
  • 1 638 948 CA$

Caractéristiques principales

  • MLS® #: 1528506
  • ID de propriété: SIRC3112004
  • Prix original: 1 299 000 USD
  • Type de propriété: Résidentiel, Maison multifamiliale
  • Genre: Ranch à un étage
  • Grandeur du terrain: 0,60 ac
  • Chambre(s) à coucher: 12
  • Salle(s) de bain: 6

Description de la propriété

Brand new 2026 construction six-unit apartment complex located in Chattanooga's high-demand Airport corridor, currently in active lease-up with projected stabilization within 90 days at approximately $120,000 gross annual income. This stabilized-ready asset features a clean, modern aesthetic with architectural shingle roofing, low-maintenance vinyl siding, full concrete parking, and updated interiors with stainless steel appliances in every unit, offering minimal to zero deferred maintenance for years to come. All units are single-level, providing convenient one-level living with strong accessibility appeal. Utilities are separately metered for electric and water, each unit has individual trash can service, and high-speed internet is available, creating efficient operations and meeting modern tenant expectations. The parcel appears to be located within a Community Reinvestment Act (CRA) eligible lending area, which may provide favorable financing considerations through participating lenders. The unit mix includes two end units projected at $1,800 per month and four interior units projected at $1,600 per month. Projected NOI is approximately $84,000 based on a conservative 70% expense ratio, reflecting an estimated 6.5% cap rate at current pricing assumptions. Professional property management is in place and overseeing lease-up, allowing a new owner to step into a turnkey investment with minimal operational friction. Located minutes from Chattanooga Metropolitan Airport, I-75 and Highway 153, and surrounded by major retail including Hamilton Place and national brands such as Target, Publix, Chick-fil-A, and Starbucks, along with major employers including Volkswagen Chattanooga Assembly Plant and Amazon. Rare small-format new construction multifamily opportunity in one of Chattanooga's most convenient and growth-oriented corridors. Buyer responsible to verify all information deemed important.

Agents de cette inscription

  • Justin Hood

    C. 404.558.0107

    B. 423.756.9999

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Emplacement

916 Airport Rd, Chattanooga, Tennessee, 37421 États-Unis

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Commercialisé par

Horizon Sotheby's International Realty
7522 East Brainerd Road
Chattanooga, Tennessee, 37421
United States

4237569999

Accueil/États-Unis/Tennessee/Chattanooga/MLS® 1528506