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Ooltewah Investment Opportunity

4748 Ranco Cir, Ooltewah, TN 37363

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For Sale

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23-unit property with development potential in a growing area.

Type:Land, Mixed Use, Mobile Home Park, Multifamily

Lot size:

4.30 Acres

HighLights

23‑unit property offering a unique portfolio opportunity with multiple asset classes and additional raw land.
Prime location in rapidly growing Ooltewah, TN, near Chattanooga.
Zoned C‑2 with 4.3 acres and prime road frontage on 3 sides.
Adjacent to I‑75 highway, providing unparalleled accessibility.
Large value add upside through renovating and leasing vacant units or land development.
Amazing development potential due to current activity of several major projects in close proximity.

We can help!

Listing Contact

Simeon Hinchman

For Sale

Contact for pricing

23-unit property with development potential in a growing area.

Type:Land, Mixed Use, Mobile Home Park, Multifamily

Lot size:

4.30 Acres

Added:: May 1, 2024
Days on Market:: 776
Last Refresh:: May 12 at 9:23 pm

Property Features for 4748 Ranco Cir

General Information

Standard status: Active
Lot size: 4.30 Acres
Property subtype: Land, Mixed Use, Mobile Home Park, Multifamily

We can help!

Listing Contact

Simeon Hinchman

Listing agent Simeon Hinchman License #TN 375181

Listing office KW Commercial

Listing date May 1, 2024

Source Crexi

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

HighLights

23‑unit property offering a unique portfolio opportunity with multiple asset classes and additional raw land.
Prime location in rapidly growing Ooltewah, TN, near Chattanooga.
Zoned C‑2 with 4.3 acres and prime road frontage on 3 sides.
Adjacent to I‑75 highway, providing unparalleled accessibility.
Large value add upside through renovating and leasing vacant units or land development.
Amazing development potential due to current activity of several major projects in close proximity.

Overview

Located at 4748 Ranco Circle in Ooltewah, TN, this property presents a unique investment opportunity. The expansive 23-unit property includes multiple asset classes and additional raw land, offering limitless potential. The property is zoned C-2 and comprises a total of 4.3 acres with road frontage on three sides. The location provides amazing development potential, with several major projects underway in close proximity. Situated in a rapidly growing neighborhood in the greater Chattanooga area, the property is adjacent to the I-75 highway, providing accessibility to Chattanooga. The property offers large value add upside through renovating and leasing vacant units or land development. Parcels included are 139 045, 139 046, 139 047.04 , 139 047, 139 047.09.

Property Profile Location Intelligence

Current Use by Public Records

Cove Hills Mobile ... Campground & RV Park

Suggested Use

Location Insight

Map
Local Demand

City: Ooltewah
County: Hamilton
State: Tennessee
Longitude: -85.115096
Latitude: 35.069624

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For sale
Mobile home & RV parks
TN
Ooltewah
37363
4748 Ranco Cir

What type of property is this?

Mobile home & RV park - 23-unit property with development potential in a growing area.

Where is this mobile home & rv park located?

The property is located at 4748 Ranco Cir Ooltewah, TN.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: 23‑unit property offering a unique portfolio opportunity with multiple asset classes and additional raw land.; Prime location in rapidly growing Ooltewah, TN, near Chattanooga.; Zoned C‑2 with 4.3 acres and prime road frontage on 3 sides.