Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Multiple Properties Chattanooga, TN

    For Sale
    $4,406,800

    30-unit portfolio in Chattanooga's high-demand East Ridge and Hixson submarkets.

    Property size:
    5,184 SF

    Property Features for Multiple Properties

    General Information

    Size
    5,184 SF

    Source: Ben Van Gaasbeek Agent Ben Van Gaasbeek

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chattanooga Multifamily Investment Portfolio

    This portfolio consists of 11 buildings with 30 units, strategically located across two high-demand submarkets of Chattanooga: East Ridge and Hixson, TN. The properties in East Ridge, specifically at 34, 52, 60, and 64 Frawley Rd, 124 Fawn Dr, and 3921 Bennett Rd, are near major retail and entertainment venues such as Camp Jordan Park, Top Golf, Bass Pro Shops, and the expanding Jordan Crossing development. This area benefits from infrastructure investment and tenant demand, with convenient access to I-75 and downtown Chattanooga. The properties in Hixson, located at 810 Forest Dale Ln, 4827 Brighton Ln, 4835 Lavender Trail, 4839 Brighton Ln, and 4963 Brighton Ln, are situated in a stable residential submarket known for its schools, shopping options like Northgate Mall and Hixson Pike retail, and outdoor amenities such as Greenway Farms and the Chickamauga Lake area. These properties offer consistent tenant demand and rental upside. The entire portfolio has been progressively updated since 2021, presenting a turnkey opportunity for investors seeking stability, cash flow, and location diversity in Chattanooga’s active rental markets. The total property size is 5184 square feet, offering investors location diversity, income stability, and long-term appreciation potential.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.4169211
    Latitude
    35.1503998

    Nearby Similar for Sale

    • $1,990,000
      1,520 SF

      Chattanooga Six-Home Rental Portfolio

      Turnkey rental portfolio featuring six single-family homes, fully leased and cash-flowing.
      6215 Walden Ave, Chattanooga, TN 37421
      View Details
    • $1,700,000
      2,132 SF

      Chattanooga Multifamily Investment Opportunity

      Four homes in rapidly growing South Broad community.
      3307+ Aberdeen Row, Chattanooga, TN 37410
      View Details
    • New
      $585,000
      2,218 SF

      Chattanooga Triplex in Prime Location

      Income-producing triplex in Chattanooga's desirable Northshore neighborhood.
      407 Colville St, Chattanooga, TN 37405
      View Details
    • New
      $289,000
      Pending

      Chattanooga Duplex Near Highway 58

      Well-maintained duplex near restaurants and shopping with income potential.
      4607 Murray Lake Ln, Chattanooga, TN 37416
      View Details
    • $285,000
      1,580 SF

      Renovated Duplex Near Downtown Chattanooga

      Fully renovated duplex, move-in ready, excellent income potential.
      392 Booth Rd, Chattanooga, TN 37411
      View Details
    • $565,000
      2,319 SF

      Versatile Triplex in Chattanooga's North Shore

      Three-unit property in Chattanooga's desirable North Shore area.
      746 Curve St, Chattanooga, TN 37405
      View Details

    FAQs

    What type of property is this?
    Apartment building - 30-unit portfolio in Chattanooga's high-demand East Ridge and Hixson submarkets.
    Where is this apartment building located?
    The property is located at Multiple Properties Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $4,406,800.
    What are key features of this property?
    This property features: - 30-unit portfolio provides immediate scale and income potential.; - Located in two high-demand Chattanooga submarkets: East Ridge and Hixson.; - Turnkey opportunity with progressive updates completed since 2021.
    (619) 995-4700
    Request Owner's contact information
    Multiple Properties Chattanooga, TN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Multiple Properties
    Chattanooga, TN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Multiple Properties Chattanooga, TN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.