22 Beds
16 Baths
10,136 SqFt
22 Beds
16 Baths
10,136 SqFt
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,136 sqft
Price per Sqft $167
Subdivision Lee Acres
MLS Listing ID 1541265
Bedrooms 22
Year Built 1980
Lot Size 1.400 Acres
Acres 1.4
Lot Dimensions 200X329
Property Sub-Type Apartment
Source Greater Chattanooga REALTORS®
Property Description
The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges.
With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants.
Location
State TN
County Hamilton
Area 1.4
Rooms
Basement Crawl Space
Interior
Heating Central, Electric
Cooling Central Air, Electric
Fireplace No
Heat Source Central, Electric
Exterior
Parking Features Off Street
Garage Description Off Street
Roof Type Shingle
Garage No
Building
Lot Description Level
Faces N Hwy 58, Pass Sims, L Private--apartments on the corner of Private and Hwy 58
Story Two
Sewer Septic Tank
Water Public
Structure Type Other
Schools
Elementary Schools Snow Hill Elementary
Middle Schools Hunter Middle
High Schools Central High School
Others
Senior Community No
Tax ID 077 075
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes
Schools and Properties Nearby
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