Matthews Real Estate Investment Services is pleased to present this offering of Beverly Apartments, located in Chattanooga, TN. This property features a diverse selection of renovated studio, one-bedroom, and two-bedroom floor plans, offering in-unit washer/dryer hookup, attic storage, and private patio fencing.
Ideally positioned off Hwy 58, Beverly Apartments boasts unparalleled connectivity, just 6 miles from Chattanooga Metropolitan Airport and less than 10 miles from downtown Chattanooga. Residents will appreciate the convenience of nearby amenities, including Starbucks, Food City, Chattanooga State Community College, and Booker T. Washington Park. Beverly Apartments is an attractive rental option for professionals and families alike, seeking comfort and convenience in one of Chattanooga’s most promising neighborhoods.
The opportunity comes with multiple value paths for new ownership. The first would be to capitalize on the rental upside of over 25%, available through renovating the remaining interiors. The second would be taking advantage of the additional 2 acres of land already zoned for an additional 40 units to increase the scale to nearly 100 units, allowing for full-time on-site staff and further operational efficiency.
Broker of Record: Hutt Cooke, License No. 263667 (TN), (866) 889-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203