256-653-0065
1701 N Concord Rd, Chattanooga, TN for Sale
Apartments - FOR SALE
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1701 N Concord Rd
Chattanooga, TN 37421
Hickory Valley-Hamilton Place


HIGHLIGHTS

  • Within 0.4 mile from the Regal Cinemas Hamilton Place 8
  • Within 1 mile of Hamilton Place Mall
  • Within 3.5 miles of the Chattanooga Airport
  • Pool upgraded to salt water with all new furniture
  • Added fenced-in "Paw Park" for pet-lovers
  • Added outdoor entertainment center

OVERVIEW

The Ledford at Hamilton Place is a 121-unit stabilized property located in the most desirable sub market of Chattanooga. The property is within walking distance to Hamilton Place Mall, the Regal 8-plex movie theatres and is close to the major freeways. It is positioned perfectly to take advantage of Chattanooga's sustained job growth and promising future, and will continue to attract young professionals and high quality tenants. Ledford at Hamilton Place is currently 98.3% occupied with average effective rents of $930. New ownership can implement a strategy to raise rents while maintaining a low loss to lease over the next several years.

FOR SALE DETAILS

PRICE

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# OF UNITS

121

CAP RATE

Request Cap Rate

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ledford at Hamilton Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.4 AC

LAND SF

322,344 SF

ZONING

R-3

APN/PARCEL ID

148M-C-007

ASK ABOUT THIS PROPERTY

Andrew AgeeSVN - AVAT Realty, LLCMore Info
256-653-0065

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Andrew AgeeSVN - AVAT Realty, LLCMore Info
256-653-0065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.