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**9% CAP OWNER FINANCING 800K ,BRICK,CONCRETE 110 St Clair Dr

28 Unit Block of Flats £1,801,590 (£64,342/Unit) 8.87% Net Initial Yield Dunlap, TN 37327

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Investment Highlights

Favorable Owner Financing Terms
Managment already in Place
Room to go up on rents and some units are already at 1000 per month automatically deposited from SETHRA

All Brick and Concrete Construction with Metal Roofs
Located in the beautiful Sequatchie Valley 25 Minutes from Chattanooga

Executive Summary

28 Units total located in thriving Dunlap TN of the beautiful Sequatchie Valley 25min. to DT Chattanooga. Property located in the middle of town walking distance to restaurants, stores, New city park with water features for the kids, stage for live shows and Walmart. 2 units are used for office and grounds worker/storage. All one level units no steps,15-2 bedrooms 13-1 bedrooms. Rents range from 600 to 1000 per unit (much room for upside) Brick concrete block construction with metal roofs. Built as a hospital originally, Owner pays water and trash. Manager will stay on for 5% fee. Laundry mat is available on property. Owner will consider financing with 800K Down on a 30 year Amortization with a 20 year balloon @5.9%

St Clair Financial Summary

St Clair Financial Detail-Rent Roll

Financial Summary (Actual - 2023)	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	£162,592	£7.17

Financial Summary (Actual - 2023)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	-
Annual Per SF	-

Net Operating Income
Annual	£162,592
Annual Per SF	£7.17

Property Facts

Price	£1,801,590	Building Class	C
Price Per Unit	£64,342	Lot Size	1.90 AC
Sale Type	Investment	Building Size	22,679 SF
Net Initial Yield	8.87%	Average Occupancy	100%
No. Units	28	Number of Floors	1
Property Type	Residential	Year Built/Renovated	1955/2014
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	£1,801,590
Price Per Unit	£64,342
Sale Type	Investment
Net Initial Yield	8.87%
No. Units	28
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	1.90 AC
Building Size	22,679 SF
Average Occupancy	100%
Number of Floors	1
Year Built/Renovated	1955/2014
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.