302 Guild Dr, Chattanooga, TN 37421

Commercial property for lease

  • Description
  • This sale includes nine (9) excellant single family houses in Chattanooga, TN area. The houses are in great shape in good neighborhoods with good school systems. The seller has spent about $185,000 refurbishing these houses over the last several years. Included in this listing are: Pictures, 3 years of rental history, location map, capital improvements list, 5-year cash flow projection. Upon acceptance of an offer copies of the leases will be available. The leases were written so as to minimize the maintenance by the owner. Tenants are responsible for the normal upkeep of their house includung the yard and minor maintenance. Please see the attahced 5-year financail projection that shows that this investment has a 8.22% Cap Rate and an Internal Rate of Return (IRR) of 21.17%. Building price details: $1,200,000.
  • Exterior Features
  • Parking Type: Surface
  • Contact info
  • Robert Fisher
    423-664-1550 [Office]
    KW Commercial
  • Note
  • Details Info about this row that located on 302 Guild Dr, Chattanooga, TN 37421 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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  • Property Details
  • Building Name: 9 Houses
    Property Type: Commercial (Other)
    Status: Available
    Price: $ 133,333 +/Unit
    Number of Stories: 2
    MSA: Chattanooga
    Zoning: RESIDENTIAL
    Buildings: 9
    Terms: Cash to Seller
    Added: 12/28/2013
    Last Update: 12/30/2013

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