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1615 Heather St
Chattanooga, TN 37412
7 Door Package Opportunity · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Strong future appreciation through government rent increase based on market history.
- Long-term tenants maintains high occupancy.
- Close to retail, restaurants, and multiple grocery stores.
- Fully subsidized rents provides rent assurance.
- Recently renovated including new roofs in 2018.
- Easy access to downtown and interstates.
Property Facts
| No. Units | 7 | Building Size | 1,152 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Building Class | C | No. Stories | 1 |
| Lot Size | 0.28 AC | Year Built/Renovated | 1950/2019 |
| Zoning | R1 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 1,152 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2019 |
| Zoning | R1 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 576 |
Property Taxes
| Parcel Number | 169M-J-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $107,520 |
Property Taxes
Parcel Number
169M-J-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$107,520
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