Search
144-Unit Independent Living Residence
For Sale
Contact for pricing

1417 N Mack Smith Rd, Chattanooga, TN 37412

Renovated residences, dining service, and wellness amenities support an established senior-living community.

Property SizeContact for details
Lot Size7.28 Acres
Days on Market142

Property Features for 1417 N Mack Smith Rd

General Information

Standard status Active
Lot size 7.28 Acres
Property subtype Multifamily, Senior Living

Additional Details

Highway Access Yes
Multifamily Units 144

Amenities

daily lunch
physical therapist
nail salon
hair salon
conference hall space
Listing Agency: SLIB Senior Living Investment Brokerage
Listed By: BRAD GOODSELL · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SLIB Senior Living Investment Brokerage

Investment Insights

Based on property information with market context.

This senior housing property comprises 144 independent-living units across approximately 7.28 acres. Renovation work has reached all but 20 units and includes PTAC systems, baseboards, flooring, lighting, kitchen updates, and bathtub conversions. Residents receive daily lunch through the community’s resident program, with dinner available separately. On-site services include physical therapy, nail care, and hair care, each offered for a fee.

The property includes an approximately 12,000-square-foot conference hall that is currently unused. The residence is in East Ridge, Tennessee, along the Tennessee-Georgia border and within the Chattanooga metro area, with access to Interstate 24 and Interstate 75. Occupancy is reported at 77% across total units and 90% when measured against the 124 renovated and available units.

Key Highlights

  • 144 independent‑living units on approximately 7.28 acres
  • All but 20 units have received renovations
  • Renovations include PTAC units, flooring, lighting, kitchens, and bathtub conversions

Property Analytics

Current Use

East Ridge Residence Retirement Community

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Locksmith Garden Center Cafe & Coffee Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

144
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby
Under-served
Demand for This Use

Demographics for 37412, TN

21,881
Population
10,305
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.7 sq mi
ZIP Area
2,515
Density / Sq Mi
$56,600
Median Household Income
$37,858
Median Earnings
$1,120
Median Rent
$182,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Renovated residences, dining service, and wellness amenities support an established senior-living community.
Where is this senior housing / retirement home located?
The property is located at 1417 N Mack Smith Rd Chattanooga, TN.
What are key features of this property?
This property features: 144 independent‑living units on approximately 7.28 acres; All but 20 units have received renovations; Renovations include PTAC units, flooring, lighting, kitchens, and bathtub conversions
More about this property
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