Technical
Financial
Distress signals
Property profile

1516 Adams St Chattanooga, TN 37408

OFF-MARKET
Hospitality properties
930 SF Built 2017
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Hospitality properties
Year built 2017
Total area 930 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1516 Adams St Chattanooga, TN 37408
Chattanooga metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1516 Adams St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message