Chattanooga Duplex Portfolio - 14 Units
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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.
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
- Operating and Financials
Property Facts
Price | £1,220,935 | Status | In Exchange |
Price / SF | £154.63 / SF | Number of Properties | 5 |
Sale Conditions | Portfolio Sale | Individually For Sale | 0 |
Net Initial Yield | 6.46% | Total Building Size | 7,896 SF |
Sale Type | Investment | Total Land Area | 2.68 AC |
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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Chattanooga Duplex Portfolio - 14 Units
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