302 Dunlap Ave, Chattanooga, TN 37411
Commercial property for sale
302 Dunlap Ave, Chattanooga, TN 37411
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- Description
- This 32-unit complex has just been renovated. Seven units have been totally reworked including flooring, appliances, shelving, HVAC, painting, blinds and ceiling fans. $45,000 has been spent. The apartment mix is excellent: 10 1BR/1BATH, 16 2BR/2BATH, with 6 units having washer and dryer hookups and 6 units with 3BR/2BATH all with washer and dryer hookups. The pro forma Cap Rate at current occupancy is about 11%. The main building has 30 units in it. There is also the white house shown in the pictures which contain 2 apartments. This house works well for tenants or could also be on-site property manager apartment. Building price details: $850,000.
- Property Details
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Building Name: Seminole Pathe Apartments Property Type: Multifamily Use Types: High-Rise Status: Available Price: $ 26,563 +/Unit Number of Stories: 2 Year Built: 1977 Year Renovated: 2012 MSA: Chattanooga Zoning: R3- Buildings: 2 Construction: Block Terms: Cash to Seller Added: 08/11/2012 Last Update: 08/23/2012 - Exterior Features
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Parking: Yes Parking Spaces: 45 Parking Type: Surface - Contact info
- 423-664-1550 [Office]
- Note
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