3716 Cliffside Dr Northeast Cleveland, TN 37312
Well-maintained 31-unit multifamily property with renovation upside.
Property size:
25,950 SFProperty Features for 3716 Cliffside Dr Northeast
General Information
- Size
- 25,950 SF
Building Details
- Year built
- 1974
Source:
Svn
Listing Agent: Andrew Agee
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Investment in Cleveland, Tennessee
The Vue on Cliffside is a 31-unit multifamily property located in Cleveland, Tennessee, near the Chattanooga Metropolitan Statistical Area. Constructed in 1974 and renovated in 2022, the property consists of four buildings situated on three sites in close proximity to one another. A significant portion, 71%, of the units have been renovated with modern finishes. The property has a solid rental history and high occupancy, exceeding 95%. The location benefits from a $70,000+ average household income within a 0.3-mile radius. The property is located in close proximity to Lee University and Cleveland State Community College. The property is well-maintained and thoughtfully renovated, with only two owners in its history. The property offers convenient access to local universities, making it an attractive option for students, faculty, and staff. Cleveland's economy is supported by education, healthcare, and manufacturing sectors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.842367
- Latitude
- 35.185339
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FAQs
What type of property is this?
Apartment building - Well-maintained 31-unit multifamily property with renovation upside.
Where is this apartment building located?
The property is located at 3716 Cliffside Dr Northeast Cleveland, TN.
What are key features of this property?
This property features: - High occupancy & solid rental history: stabilized occupancy exceeding 95% demonstrates strong tenant demand and consistent income.; - Significant renovation upside: 71% of units already renovated with modern finishes, providing opportunity to increase rents by completing renovations on the remaining 29%.; - Strong location: prime location in Cleveland, TN, near the growing Chattanooga MSA, offering access to a larger economic base and convenient access to local universities.