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Chattanooga Duplex Portfolio - 14 Units

5 Properties Offered at £1,220,935 in Chattanooga, TN

Investment Highlights

  • Prime Location
  • Steady Cashflow From Day-1
  • Strong Market Fundamentals
  • Value Add Opportunity
  • Close Proximity to Downtown
  • Stable Investment

Executive Summary

Fletcher Bright Realty is pleased to offer For Sale this rare 14-unit, value-add duplex portfolio in the heart of Chattanooga, TN. Nestled in one of the Southeast's most dynamic and rapidly growing cities, this portfolio offers savvy investors a chance to capitalize on strong market fundamentals and promising future growth. Current ownership has made substantial capital investments into the property, however there is ample room for additional improvements to further boost the below market rents.
Why Chattanooga?
Gig City: Chattanooga was the first city in the United States to offer gigabit-speed internet to its residents and businesses through its municipal utility, EPB. This ultra-fast internet infrastructure has attracted numerous tech companies and startups.
Major Employers: The city is home to major employers such as Volkswagen, which has a large manufacturing plant, Amazon distribution centers, and BlueCross BlueShield of Tennessee’s headquarters. These companies provide a substantial number of jobs and stimulate economic growth.
Business-Friendly Climate: Chattanooga is known for its favorable business climate, including low business costs, tax incentives, and support for startups. The Chamber of Commerce and other local organizations actively promote business development and investment.
Logistics and Transportation: Its strategic location as a transportation hub with access to major highways (I-24, I-75, and I-59), railroads, and the Tennessee River makes it an ideal location for logistics and distribution companies.
Additionally, Chattanooga is renowned for its stunning natural beauty, thriving arts scene, and a burgeoning tech industry, making it an attractive destination for both residents and investors. The city’s strategic location, low cost of living, and high quality of life continue to draw new residents, driving demand for rental properties.
Seize this exceptional opportunity to invest in Chattanooga’s promising real estate market.

Data Room Click Here to Access

Property Facts

Price £1,220,935
Price / SF £154.63 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 6.46%
Sale Type Investment
Status In Exchange
Number of Properties 5
Individually For Sale 0
Total Building Size 7,896 SF
Total Land Area 2.68 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3331 Idlewild Dr, Chattanooga, TN 37411 Residential 2,520 SF 1993 -
3632 Idlewild Cir, Chattanooga, TN 37411 Residential 1,792 SF 1980 -
3662 Idlewild Cir, Chattanooga, TN 37411 Residential 1,792 SF 1980 -
3648 Idlewild Cir, Chattanooga, TN 37411 Residential 1,792 SF 1980 -
3341 Idlewild Dr, Chattanooga, TN 37411 Land 0.98 AC - -
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  • Listing ID: 32618790

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: Chattanooga Duplex Portfolio - 14 Units, Chattanooga, TN

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