30-unit multi-family and commercial property in the heart of thriving Chattanooga, Tennessee.
This dynamic location boasts easy access to all areas of Chattanooga and Hamilton County in 20 minutes or less.
The Brainerd Hills complex is a 1985-vintage, mixed-use gem! The asset consists of 16-2 bedroom units, 4-1 bedroom units and 10 retail/office units.
This asset provides excellent upside potential through continued gradual raising of rents to market rate. Additionally, this asset is free of major and minor deferred maintenance items, allowing an investor to further focus on increasing the property’s NOI.
The residential units in this community feature in-unit amenities such as ample closet space, in-unit washer and dryer hook-ups, full appliance package, patio/balconies and more. The property’s competitive amenity package also provides water to the residential tenants. The great location and excellent management has continued to attract new residents and there is currently a waiting list.
Furthermore, given the competitive unit finishes and amenity package, an investor can reposition the asset and begin renting at the market rate to further increase rental income upon acquisition. Property tours are available by appointment only.
Free of major deferred maintenance items, offering an investor the opportunity to focus on improving the Property’s performance
Opportunity exists to convert this well cared for asset to market-rate given its competitive unit finishes and desirable amenity package
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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
What is the asking price for 6466 East Brainerd Road in Chattanooga?
The asking price for 6466 East Brainerd Road is $3,450,000
What is the building size of this Multifamily property in Chattanooga, TN?
The size of the building/unit at 6466 East Brainerd Road in Chattanooga is 21,744 square feet
How much land does the Chattanooga, TN property at 6466 East Brainerd Road include?
6466 East Brainerd Road in Chattanooga includes 1.055 acres of land
What is the population within 1 mile of 6466 East Brainerd Road in Chattanooga?
The population within 1 mile of 6466 East Brainerd Road Chattanooga, TN 37421 is 4,668 people.
Who do I contact for questions about 6466 East Brainerd Road?
You should contact the listing agent,
Jennie Brockman , for any details regarding this commercial listing.
