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28-Unit Short-Term Rental Portfolio
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2501 Cummings Hwy, Chattanooga, TN 37419

Two C2-zoned parcels combine operating accommodations with additional units under construction.

Property SizeContact for details
Days on Market144

Property Features for 2501 Cummings Hwy

General Information

Standard status Active
Property subtype Hospitality, Multifamily
Listing Agency: KW Commercial
Listed By: Robert Fisher · License #TN 285342
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:26PM

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

Investment Insights

Based on property information with market context.

This short-term rental portfolio spans two C2-zoned parcels totaling 3.49 acres and includes 28 units across 17,218 square feet of gross building area. Fifteen units are operating, while 13 remain under construction. The property includes completed building, interior design, landscape, planting, and hardscape plans, along with a septic system. The two structures were built in 1948 and 1946, respectively; the first has undergone renovation, and work continues on the second building.

The property is located on Cummings Hwy in Chattanooga, approximately four minutes from the Bend development and its planned Lookouts Stadium. The Tennessee Aquarium, Riverfront District, Rock City, Ruby Falls, the Incline Railway, and the Chattanooga Zoo are also identified in the surrounding tourism context. Parcel addresses are 2501 and 2531 Cummings Hwy.

Key Highlights

  • 28 total units: 15 operational and 13 under construction
  • 3.49 acres across two C2‑zoned parcels on Cummings Hwy
  • 17,218 SF of gross building area with average unit size of ~537 SF

Property Analytics

Current Use

The Lodge at Lookout Mountain Hotel & Motel

Suggested Use

Top Pick Building Supply Real Estate Agency Garden Center Nail Salon Auto Repair Shop Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 37419, TN

6,438
Population
2,952
Households
2.2
Avg Household Size
45
Median Age
48%
College-Educated
92%
High-School Grad
49.0 sq mi
ZIP Area
131
Density / Sq Mi
$86,029
Median Household Income
$51,528
Median Earnings
$979
Median Rent
$302,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two C2-zoned parcels combine operating accommodations with additional units under construction.
Where is this short term rental property located?
The property is located at 2501 Cummings Hwy Chattanooga, TN.
What are key features of this property?
This property features: 28 total units: 15 operational and 13 under construction; 3.49 acres across two C2‑zoned parcels on Cummings Hwy; 17,218 SF of gross building area with average unit size of ~537 SF
More about this property
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