Hamilton County.

Middle Tennessee map with Hamilton County highlighted in blueHamilton County, Tennessee, stands as a dynamic hub for multifamily real estate, characterized by a thriving blend of urban amenities and natural beauty. Chattanooga, the county’s largest city, boasts a robust economy driven by manufacturing, healthcare, and a burgeoning tech sector, making it an ideal destination for residents seeking diverse career opportunities. East Ridge, another key municipality, offers a mix of residential charm and commercial vitality. With a steadily growing population attracted to Chattanooga’s economic vibrancy and scenic surroundings, Hamilton County presents a compelling investment opportunity. Its strategic location, situated at the crossroads of Tennessee, places it within convenient reach of both Nashville and Atlanta, ensuring residents can easily access the cultural and economic offerings of these major metropolitan areas while enjoying the distinct advantages of life in Hamilton County.

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    Olde Town Flats

    $850,000
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    Number of Units

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    Listing Agent

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    Welcome to Olde Town Flats, a historic gem nestled in the heart of Chattanooga, Tennessee. This 1920-built property offers a unique and lucrative investment opportunity for savvy investors seeking value-add potential. There has already been a substatial amount of capital investment in the property making 4 of the units turn key and rent ready. The remaining units present an exiting opportunity for you to add value and maximize your investment over time. Property Overview:
    • Unit Composition: 9 units in total
      • 7 one-bedroom units
      • 1 two-bedroom unit
      • 1 studio unit
    • Recent Updates: 4 units meticulously renovated, including 2 taken down to the studs.
    • HVAC Systems: 4 mini-split systems in place, ensuring efficient and individualized climate control for each unit.
    • Utilities: Separate electric meters for each unit, enhancing tenant responsibility and reducing owner expenses.
    • Water Management: Master water paid by the seller with a RUBS (Ratio Utility Billing System) in place for most tenants, optimizing cost distribution.
    • Technological Advantage: EPB fiber optic internet systems installed, providing tenants with high-speed connectivity and adding an attractive feature for modern living.
    Structural Enhancements:
    • Windows: Partial replacement of windows, enhancing energy efficiency and aesthetic appeal.
    • Electrical Upgrades: New electrical system throughout the property, ensuring safety and compliance with modern standards.
    • Plumbing: Extensive plumbing updates, including replacement of the main drain, minimizing maintenance concerns.
    Convenience Features:
    • Laundry Facility: A dedicated laundry facility located in the basement equipped with new coin-operated appliances, adding convenience for residents and an additional income stream for investors.
    Chattanooga's Olde Town Flats presents an exciting investment opportunity with substantial upside potential. The strategic updates and modern amenities make this property an attractive choice for investors looking to maximize returns through value-add initiatives.  Don't miss the chance to be a part of the flourishing Chattanooga real estate market. Contact us today to schedule a viewing and explore the vast potential that Olde Town Flats holds for your investment portfolio. This is your gateway to a promising future in multifamily real estate!
    Details

  • North Moore

    $299,000
    Status

    Address

    Number of Units

    Property Type

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    Current Listing Price

    Listing Agent

    County

    Discover a promising 5-unit value add property conveniently situated minutes from the heart of Chattanooga, TN. Constructed in 1940, this 1.5-story building spans 2154 sq ft and has been converted from a triplex into a 5-plex with separate electric meters and master water & gas meters. The units have a mix of central and window air units. With two updated units demonstrating the proof of concept, the property is ready for the right investor to finish the work and maximize their returns. Unlock this property's potential by capitalizing on prudent updates, competitive rental rates in a desirable area of Chattanooga. Act now to explore this valuable investment.
    Details

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Hermitage, TN 37076

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