Age-Restricted Apartment
For Sale
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18 BLOSSOM LN, Rossville, GA 30741
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 Market53
Property Features for 18 BLOSSOM LN
General Information
Standard status
Active
Size
11,016 SF
Class
A
Lot size
1.11 Acres
Property subtype
Multifamily
Zoning
Commercial
Occupancy
94%
Investment Type
Stabilized
Net Operating Income
$149,697
Additional Details
Multifamily Units
16
Building Details
Year Built
2004
Year Renovated
2026
Buildings
4
Stories
1
Units
16
Tenancy
Multi
Listing Agency:
KW Commercial Chattanooga - Downtown
Listed By:
Brockman Missel · License #TN 358225
Source:
Crexi
Added: Jun 19
Changed: Aug 7
Last Checked: Aug 10 at 11:01AM
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
Investment Insights
Based on property information with market context.
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
Property Profile
Current Use
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
78
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
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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
