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1312 Stratton Place Dr
Chattanooga, TN 37421
Multifamily Property For Sale
·
4 Units
Property Facts
| No. Units | 4 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 2 |
| Lot Size | 0.68 AC | Year Built | 1985 |
| Building Size | 3,942 SF | ||
| Zoning | R3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.68 AC |
| Building Size | 3,942 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1985 |
| Zoning | R3 |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Deck
- Family Room
- Loft Layout
- Porch
About 1312 STRATTON PLACE DR , CHATTANOOGA, TN 37421
Very rare opportunity to own a meticulously maintained all brick quad-plex in the heart of E Brainerd. Each unit is a 2BR/2BA with living room, dining room, laundry room, garage and deck. Very large and flat public wooded/grassy area behind the property with charcoal grills and picnic tables. 1312 is currently generating a total of $2,410/mo with 1 vacancy (photos in the listing are of this unit). Note that the vacant unit was renting in 2019 for $800/mo bringing the GMI to $3,210. Plenty of rent growth opportunity with no additional work needed. Also available are neighboring 1316 and 1320 Stratton Place Dr (sold together)
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
Property Taxes
| Parcel Number | 158L-J-021 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $240,000 |
Property Taxes
Parcel Number
158L-J-021
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$240,000
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