1808 Cowart St - Apartments FOR SALE


Chattanooga, TN 37408- Southside
$4,224,629 USD
205-803-3000
1808 Cowart St, Chattanooga, TN for Sale
$4,224,629 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

1808 Cowart St
Chattanooga, TN 37408
Southside


HIGHLIGHTS

  • Package sale of two properties
  • Prime location near city center, riverfront, and state university
  • Easy access to interstate within one (1) mile
  • Fully leased apartments generating income
  • Proximity to ongoing development at The Bend

OVERVIEW

PRICE REDUCED from $4,631,900 to $4,224,629! Discover an exceptional investment opportunity in Chattanooga's vibrant Southside district. This package sale includes two large parcels surrounded by a dynamic mix of retail, office, and residential spaces, offering tremendous development potential. Currently, these parcels feature fully leased, income-producing apartment complexes, ensuring steady cash flow during the initial stages of development. Located within a historic district, these properties are just minutes from the city center, riverfront, and state university, providing unparalleled convenience and accessibility. 1603 Williams Street Chattanooga, TN 37416 PARCEL ID# 145K-K-005 10,560 SF parcel Currently Zoned UCX-3 1808 Cowart Street Chattanooga, TN 37416 PARCEL ID# 145K-N-017 12,600 SF parcel Currently Zoned URA-3

FOR SALE DETAILS

PRICE

$4,224,629 USD

PRICE/SF

$551 USD /SF

# OF UNITS

8

PRICE/UNIT

$528,079

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southside Chattanooga Development Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2002

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

UCX-3

APN/PARCEL ID

145K-K-005

ASK ABOUT THIS PROPERTY

Marc PerlmanLeitman-Perlman Inc.More Info
205-803-3000

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Marc PerlmanLeitman-Perlman Inc.More Info
205-803-3000

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