12-Unit Apartment
For Sale
Contact for pricing
Pending
8951 Hiwassee Street NW, Charleston, TN 37310
Twelve-unit apartment complex with 11 currently rented and additional commercial building potential on 0.23 acres.
Property SizeContact for details
Days on Market148
Property Features for 8951 Hiwassee Street NW
General Information
Standard status
Pending
Property subtype
Special Purpose
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
12
Listing Agency:
Coldwell Banker Commercial Kinard Realty Cleveland
Listed By:
David Sanders · License #TN
Source:
Crexi
Added: Apr 11
Changed: Aug 14
Last Checked: Sep 4 at 7:32AM
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 Coldwell Banker Commercial Kinard Realty Cleveland
Investment Insights
Based on property information with market context.
This property is a 12-unit apartment complex with 11 units currently rented at $200 per week. Additional value may be available through 0.23 acres of additional commercial building potential.
The property is located at 8951 Hiwassee Street NW in Charleston, TN. It is described as about 3.9 miles from I-75 via US-11 and less than one mile from a boat ramp on the Hiwassee River. The remarks also note proximity to Charleston Elementary and Walker Valley High School, and an approximately 11-mile drive to Cleveland’s city center.
The public remarks cite several area employers, including Wacker Chemical, Olin Chemical, Amazon, Budweiser Tarver Distribution, and Resolute Paper Products.
The property is located at 8951 Hiwassee Street NW in Charleston, TN. It is described as about 3.9 miles from I-75 via US-11 and less than one mile from a boat ramp on the Hiwassee River. The remarks also note proximity to Charleston Elementary and Walker Valley High School, and an approximately 11-mile drive to Cleveland’s city center.
The public remarks cite several area employers, including Wacker Chemical, Olin Chemical, Amazon, Budweiser Tarver Distribution, and Resolute Paper Products.
Key Highlights
- 12‑unit apartment complex with 11 units currently rented at $200 per week
- 0.23 acres of additional commercial building potential included
- Located just 3.9 miles from I‑75 via US‑11
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 37310, TN
4,384
Population
1,736
Households
2.5
Avg Household Size
45
Median Age
10%
College-Educated
90%
High-School Grad
42.7 sq mi
ZIP Area
103
Density / Sq Mi
$76,401
Median Household Income
$42,090
Median Earnings
$848
Median Rent
$223,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twelve-unit apartment complex with 11 currently rented and additional commercial building potential on 0.23 acres.
Where is this apartment building located?
The property is located at 8951 Hiwassee Street NW Charleston, TN.
What are key features of this property?
This property features: 12‑unit apartment complex with 11 units currently rented at $200 per week; 0.23 acres of additional commercial building potential included; Located just 3.9 miles from I‑75 via US‑11
