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$3,980,000
Est. payment /mo
22,528 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 22,528 sqft
Price per Sqft $176
MLS Listing ID 1334630
Year Built 2021
Lot Dimensions IRR
Source East Tennessee REALTORS® MLS
Property 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.
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.
Location
State TN
County Rhea County - 42
Rooms
Other Rooms Other, Office
Interior
Heating Other
Cooling Other
Flooring Other
Furnishings true
Appliance Other
Heat Source Other
Exterior
Parking Features Other
Garage Description Other
Roof Type Other
Garage No
Building
Faces Chickamauga Dr
Structure Type Other
Schools
High Schools Rhea County
Others
Tax ID 090P C 00700 000
Energy Description Other Fuel
Acceptable Financing Call Listing Agent, Assumable, Alternative, Cash, Conventional
Listing Terms Call Listing Agent, Assumable, Alternative, Cash, Conventional
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Listed by NAI Koella l RM Moore
Nearby Locations
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