Chattanooga Duplex Portfolio - 14 Units FOR SALE


Chattanooga, TN - Brainerd
$1,550,000 USD
423-598-1469
, Chattanooga, TN for Sale
$1,550,000 USD
FOR SALE
1/60
null | 6.46% Cap Rate

Chattanooga Duplex Portfolio - 14 Units
Chattanooga, TN
Brainerd


HIGHLIGHTS

  • Prime Location
  • Value Add Opportunity
  • Steady Cashflow From Day-1
  • Close Proximity to Downtown
  • Strong Market Fundamentals
  • Stable Investment

OVERVIEW

Fletcher Bright Realty is pleased to offer For Sale this rare 14-unit, value-add duplex portfolio in the heart of Chattanooga, TN. Nestled in one of the Southeast's most dynamic and rapidly growing cities, this portfolio offers savvy investors a chance to capitalize on strong market fundamentals and promising future growth. Current ownership has made substantial capital investments into the property, however there is ample room for additional improvements to further boost the below market rents. Why Chattanooga? Gig City: Chattanooga was the first city in the United States to offer gigabit-speed internet to its residents and businesses through its municipal utility, EPB. This ultra-fast internet infrastructure has attracted numerous tech companies and startups. Major Employers: The city is home to major employers such as Volkswagen, which has a large manufacturing plant, Amazon distribution centers, and BlueCross BlueShield of Tennessee’s headquarters. These companies provide a substantial number of jobs and stimulate economic growth. Business-Friendly Climate: Chattanooga is known for its favorable business climate, including low business costs, tax incentives, and support for startups. The Chamber of Commerce and other local organizations actively promote business development and investment. Logistics and Transportation: Its strategic location as a transportation hub with access to major highways (I-24, I-75, and I-59), railroads, and the Tennessee River makes it an ideal location for logistics and distribution companies. Additionally, Chattanooga is renowned for its stunning natural beauty, thriving arts scene, and a burgeoning tech industry, making it an attractive destination for both residents and investors. The city’s strategic location, low cost of living, and high quality of life continue to draw new residents, driving demand for rental properties. Seize this exceptional opportunity to invest in Chattanooga’s promising real estate market.

ASK ABOUT THIS PROPERTY

Trace WalkerFletcher Bright RealtyMore Info
423-598-1469

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Trace WalkerFletcher Bright RealtyMore Info
423-598-1469

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