1516 Adams St Chattanooga, TN 37408
- Hospitality properties
- 930 SF
Current Use by Public Records
- Hospitality properties
Property Details for 1516 Adams St
- Year built
- 2017
- Property size
- 930 SF
- Property type
- Hospitality properties
Description
This fully furnished, three-story townhome in Chattanooga's desirable Southside offers a fantastic investment opportunity. The 930-square-foot property, built in 2017, boasts two bedrooms and is currently operating as a successful short-term vacation rental, generating an annual income of $28,500. All furnishings, linens, kitchenware, and existing licenses are included in the sale, along with the LLC and complete rental records. The property is zoned U-CX-3 and is offered for sale by the owner at $479,000 ($515.05 per square foot). This turnkey operation provides immediate income potential and benefits from Chattanooga's thriving tourism market. The sale includes all necessary documentation for continued operation, minimizing the hassle of setup and management. This is a rare opportunity to acquire a profitable, established short-term rental in a prime location. The property's attractive design and furnishings ensure a consistently high occupancy rate, making it an ideal investment for both seasoned and first-time investors. The Hamilton County location, with its address at 1516 Adams St, zip code 37408, offers easy access to local amenities and attractions. This is a truly exceptional opportunity to own a piece of Chattanooga's vibrant Southside.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.3013
- Latitude
- 35.0335
