8633 Hilltop Dr Ooltewah, TN 37363
- Residential income homes
- 2,000 SF
Current Use by Public Records
- Residential income homes
Property Details for 8633 Hilltop Dr
- Property size
- 2,000 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity in Ooltewah, Tennessee, presents a portfolio of three income-generating buildings: a house, a mobile home, and an efficiency apartment, totaling 2,000 square feet. Located at 8633 Hilltop Drive, this property boasts a prime location directly overlooking Interstate 75, benefiting from an average daily traffic count exceeding 81,000 vehicles. The C-2 zoning allows for a wide range of commercial uses, including retail, services, hotels, and more, making it ideal for both established businesses and prospective tenants. Currently operating at 100% occupancy, the property generates substantial rental income, with the house renting for $1300 per month, the mobile home for $600 per month, and the efficiency apartment for $550 per month. The asking price is $415,000, and the sale includes Parcel 131 035. This property offers unparalleled convenience to surrounding amenities, I-75, and the cities of Ooltewah, Collegedale, Chattanooga, and Cleveland. The property's high visibility and diverse zoning make it a compelling investment prospect with significant potential for future growth and returns. This is a net lease property with multiple tenants.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ooltewah
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.0770977
- Latitude
- 35.0837362
