Age-Restricted Apartment
18 BLOSSOM LN, Rossville, GA 30741
For Sale
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Well-maintained 55+ multifamily community with 16 units across four buildings and a documented capital improvement history.
Property Size11,016 SF
Lot Size1.11 Acres
Price / SF$208.79
Days on Market145
Property Features for 18 BLOSSOM LN
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Occupancy
Investment Type
Net Operating Income
Additional Details
Multifamily Units
Building Details
Year Built
Year Renovated
Buildings
Stories
Units
Tenancy
Listing Agency:
KW Commercial Chattanooga - Downtown
Listed By:
Brockman Missel · License TN #358225
Source:
Crexi
Added: Jun 19
Changed: Nov 8
Last Checked: Nov 10 at 6:27AM
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 KW Commercial Chattanooga - Downtown
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Investment Insights
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Liberty Place Apartments is a 16-unit, age-restricted (55+) multifamily community built in 2004. The property includes four residential buildings totaling approximately 11,016 square feet. The community operates as smoke-free and is designated as no-pet. Current reported occupancy is 94%, and the asset has been under the same ownership group since 2008.
The property is located in Rossville, Georgia, just minutes from Downtown Chattanooga. Set on approximately 1.11 acres, Liberty Place is positioned within the Chattanooga Metropolitan Area, offering residents convenient access to healthcare providers, retail amenities, dining, pharmacies, grocery stores, and regional transportation corridors.
For investors or operators seeking a stabilized, senior-focused residential asset, Liberty Place Apartments is supported by ongoing stewardship and an extensive capital improvement program. Reported upgrades include numerous HVAC replacements, water heater upgrades, flooring improvements, interior renovations, electrical enhancements, appliance replacements, and continued preventative maintenance, with capital improvements ongoing through 2026. The result is a well-maintained community with limited deferred maintenance designed for independent living among the 55+ demographic.
The property is located in Rossville, Georgia, just minutes from Downtown Chattanooga. Set on approximately 1.11 acres, Liberty Place is positioned within the Chattanooga Metropolitan Area, offering residents convenient access to healthcare providers, retail amenities, dining, pharmacies, grocery stores, and regional transportation corridors.
For investors or operators seeking a stabilized, senior-focused residential asset, Liberty Place Apartments is supported by ongoing stewardship and an extensive capital improvement program. Reported upgrades include numerous HVAC replacements, water heater upgrades, flooring improvements, interior renovations, electrical enhancements, appliance replacements, and continued preventative maintenance, with capital improvements ongoing through 2026. The result is a well-maintained community with limited deferred maintenance designed for independent living among the 55+ demographic.
Key Highlights
- 16‑unit age‑restricted (55+) multifamily community in Rossville, GA, built in 2004
- Four residential buildings totaling approximately 11,016 SF on approximately 1.11 acres
- Currently 94% occupied with a long operating history under the same ownership group since 2008
Property Analytics
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Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
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Demographics for 30741, GA
30,309
Population
14,083
Households
2.2
Avg Household Size
41
Median Age
19%
College-Educated
83%
High-School Grad
24.9 sq mi
ZIP Area
1,217
Density / Sq Mi
$52,117
Median Household Income
$33,691
Median Earnings
$965
Median Rent
$156,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 55+ multifamily community with 16 units across four buildings and a documented capital improvement history.
Where is this apartment building located?
The property is located at 18 BLOSSOM LN Rossville, GA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 16‑unit age‑restricted (55+) multifamily community in Rossville, GA, built in 2004; Four residential buildings totaling approximately 11,016 SF on approximately 1.11 acres; Currently 94% occupied with a long operating history under the same ownership group since 2008
