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Pending 212 days on market

405 Chickamauga Drive

Dayton, TN 37321 · Rhea County

$3,980,000

Sq ft
22,528
Built
2021

Listing courtesy of NAI Koella l RM Moore · MLS #1334630

Description

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.

Details

Home

Type
Residential Income
Year built
2021
Living area
22,528 sq ft

Interior

Rooms
Office
Also
Internet Available

Listing

MLS #
1334630
Status
Pending
On market
212 days
Listed
Mar 30, 2026
Finances
Property tax
City + county
Inside city limits
HOA
None
No association dues
Price per sq ft
$177
22,528 sq ft

Price history

Mar 30, 2026
Listed
$3,980,000

Accepted

  • Alternative
  • Assumable
  • Call Listing Agent
  • Cash
  • Conventional

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Location
Open in Google Maps
County
Rhea
ZIP
37321

Drive times

  • Athens 45 min
  • Cleveland 45 min
  • Watts Bar Lake 45 min
  • Crossville 60 min
Approximate, by road

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Listing courtesy of NAI Koella l RM Moore. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1334630.