Historical Multifamily Sale Listing - Green Gables

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Red Bank, TN or Tennessee

Green Gables

2833 Dayton Blvd, Red Bank, TN 37415

N/A

36 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
36
Building Size:
24,584 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
10%
Occupancy:
90%
No. Stories:
2
Year Built:
1978
Lot Size:
1 AC
Listing ID
16190118
Last Updated
over 1 year ago

Highlights

  • Owner will finance.

Description

*** Owner will finance the entire property with 25-30% down.* Interest only payments first year!!
36 Unit apartment complex. 20 (1) bedroom and 16 (2) bedroom apartments. Property has been recently remodelled and updated. All units have electric Central Heat and Air. All water is on one meter and the owner pays for it. A rent roll and financial analysis have been provided but there are no detailed financials available. Owner has owned since July of 2008 and has been doing a lot of renovations since then. Over $125,000

Located on a busy street with great visibility. Only 10 minutes from downtown Chattanooga and 20 minutes from new 1 Billion dollar VW Plant currently being built in Chattanooga.
Lots of good companies in Chattanooga. Blue Cross Blue Shield built a new headquarters here. The city is the headquarters for the Division of Power of the Tennessee Valley Authority (TVA), the largest utility in the United States.
Locally based UNUM Provident Corp. is a Fortune 500 service company. Other large companies with headquarters in the city include Blue Cross/Blue Shield of Tennessee, Brach & Brock Confections, Chattem Inc., Dixie Yarns, The Krystal Company, McKee Baking Company (Little Debby's), North American Royalties, and Olan Mills, Inc. In addition just 15 minutes North of Chattanooga, a 1 Billion dollar chemical company has just announced they are building a plant in Cleveland, TN.

Map of 2833 Dayton Blvd, Red Bank, TN 37415 (Hamilton County)

Research for 2833 Dayton Blvd, Red Bank, TN 37415 (Hamilton County)

  • Demographics – Population, income & other demographics near 2833 Dayton Blvd
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building