Contacts
Rise Partners
Property Details
- Property Type Multi-Family
- Property Size 4,096 SF
- Units 4
- Lot Size 1.9 Acre
- Property Tenancy Multi-Tenant
- Year Built 1987
- Year Renovated 2023
- Date Updated Apr 6, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 1.9± acre site with additional multifamily density potential
- Ability to improve operational efficiencies as additional buildings are delivered
- Attractive option for investors seeking a covered land play rather than raw development
- Existing 4-plex provides immediate in-place income
- Limited new workforce housing supply in the immediate trade area
- Located minutes from downtown, retail, schools, and major employers
- Phased construction opportunity, build while maintaining current cash flow
- Planned expansion to four additional 6-unit buildings (24 additional units)
- Plans already prepared, allowing a buyer to move directly into permitting and development
- Positioned for long-term rent growth and appreciation as units are added
- Scalable project size, grow from a small asset to a 28-unit community
- Strong access to primary corridors and convenient to I-75
Attachments
Getting around
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13/100
Walk Score ®
-
17/100
Bike Score ®
Location
- City Athens, TN
- Zip Code 37303
- Market Chattanooga
Points of Interest
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BP
0.73 miles
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Citgo
1.07 miles
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Circle K
2.22 miles
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Mobil
2.27 miles
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Exxon
2.39 miles
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Shell
2.49 miles
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Jiffy
2.51 miles
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76
2.54 miles
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car parking
3.44 miles
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truck parking
3.46 miles
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Super 8
1.99 miles
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Days Inn
2.02 miles
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Motel 6
2.26 miles
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Econo Lodge
2.29 miles
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Hampton Inn & Suites
2.31 miles
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Holiday Inn
2.32 miles
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Comfort Inn
2.60 miles
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Americas Best Value Inn
2.63 miles
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Fairfield Inn & Suites Athens
2.64 miles
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Athens Lodge
4.78 miles
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Big Lots
0.93 miles
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United Grocery Outlet
0.95 miles
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ALDI
1.12 miles
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Belk
1.14 miles
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IGA Supermarket
1.20 miles
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Walmart Supercenter
1.20 miles
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Food City
1.91 miles
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Save-A-Lot
2.09 miles
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Piggly Wiggly
8.92 miles
Rise Partners