3324, 3328, 3332, 3336, and 3340 Pinewood Ave, Chattanooga, TN 37411

Commercial property for lease

• Description
• Great long-term investment opportunity in Brainerd. Five contiguous buildings (3324, 3328, 3332, 3336 and 3340 Pinewood Ave) are being sold together for a package price of $1,200,000. Composed of 4 quadplexes and 1 duplex nestled at the wood's edge. Typically occupied between 94% to 100%. The buildings offer ample off-street tenant parking and are located close to a bus line. Washer and dryer facility on site, as well as office and tenant storage area. Current tenant storage area is not being marketed, yet could be a value of $35 to $45 per month per unit. Quadplexes are all low maintenance brick, and all buildings have all been well maintained. 2017 gross income was $120,000. Two units have been made vacant for easy showing, but an acceptable Letter of Intent is required to inspect the remaining non-vacant units. Properties will not be sold individually. If you are looking for long-term cash flow and low maintenance investment properties, call today for a private showing! Building price details: $1,200,000.
• Contact info
• Grace Frank

  Real Estate Partners Chatt LLC
• Note

• Details Info about this row that located on 3324, 3328, 3332, 3336, and 3340 Pinewood Ave, Chattanooga, TN 37411 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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