East Chattanooga Rental Portfolio 26 Specialty Properties Offered at $3,500,000 in Chattanooga, TN

Fletcher Bright Realty is pleased to present the exclusive offering of the East Chattanooga Rental Portfolio — a 26-property, 30-unit residential rental collection comprising 21 single-family homes and 4 duplexes located across established Chattanooga submarkets in Hamilton County, Tennessee.
The portfolio is offered at $3,500,000 on a bulk-only basis — representing roughly $134,615 per home, $104 per building square foot, and ~$41,667 per bedroom, against a Hamilton County median single-family sale price of $340,000 (+3.0% YoY).
This is a true value-add repositioning play. The emphasis of this offering is the opportunity — not current or historical cash flow. The vast majority of these assets are pre-1950 vintage and have been operated as workforce / Section 8 rentals at rents materially below the current Chattanooga single-family rental range of $1,633 – $3,117 /
month.
The combination of (1) a low per-bedroom basis, (2) a substantial mark-to-market rent gap on renovated stock, (3) consolidated geography in a population center growing +18% by 2035, and (4) the ability to acquire scale in a single transaction make this portfolio uniquely positioned for an investor with renovation capital and a 3–5 year repositioning horizon.