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$3,980,000 $177/sq ft
Active 147 days on market

405 Chickamauga Drive

Dayton, TN 37321 · Rhea County

22,528 sq ft 2021 built

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About this property

Presenting an exceptional opportunity for workforce housing investment in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel has been converted to workforce housing and has maintained high occupancy since conversion. With its efficient layout and design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. The garages offer an additional sense of security and storage for the residents. The sale price includes all construction plans for Phase II of the development. If constructed according to plan, it would allow an investor to add 26 units. If desired, plans can be modified to include more units and/or garages.

Facts & features

Overview

Type
Residential Income
Tax jurisdiction
City limits
HOA
None
Year built
2021
Price / sq ft
$177
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Interior

Building area
22,528 sq ft

Parking

Other

Listing details

MLS #
1334630
Status
Active
Days on market
147 days

Location

405 Chickamauga Drive, Dayton, TN 37321 Rhea County Open in Maps

Listing courtesy of NAI Koella l RM Moore. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.