256-617-1879
101 Woodcreek Dr, Rossville, GA for Sale
Apartments - FOR SALE
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101 Woodcreek Dr
Rossville, GA 30741


HIGHLIGHTS

  • - 34,700 SF building with 42 units
  • - Built in 1970 with exterior and unit renovations in 2024
  • - Prime location in Rossville, GA, part of the Chattanooga, TN MSA

OVERVIEW

Pinnacle at Battlefield, a 42-unit property built in 1970 and located in Rossville, GA, presents a strong value-add investment opportunity, particularly due to its proximity to the growing Chattanooga, TN market. Because this property can be acquired well below the sales comparable set, the asset offers both short-term cash flow potential and long-term capital appreciation, making it attractive to experienced multifamily investors looking for a light value add in a growing market. This asset presents investors with a great opportunity to acquire a multifamily asset with more than enough room to push rents. Market rents for properties of this type in the area are considerably higher than the current asking rents for the subject property. Current renovations have improved the property's value but have had a short-term impact on occupancy, there is substantial potential for revenue growth if management increases occupancy to over 90% and adjusts rents to align with market rates. This opportunity is further explored in the following slides, which includes a side-by-side comparison with The Crossing, a nearby comparable property.

FOR SALE DETAILS

PRICE

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# OF UNITS

42

CAP RATE

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% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pinnacle at Battlefield

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.25 AC

LAND SF

185,130 SF

ZONING

R-2

APN/PARCEL ID

0175-121

ASK ABOUT THIS PROPERTY

Joseph ShawSVN | AVAT Realty, LLCMore Info
256-617-1879

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Joseph ShawSVN | AVAT Realty, LLCMore Info
256-617-1879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.