The Vue on Cliffside

For Sale

3716 Cliffside Drive Northeast, Cleveland, TN 37312

This Cleveland property for sale is located at 3716 Cliffside Drive Northeast. Contact the listing broker for details on the current sale price for The Vue on Cliffside.

Contacts

broker
Andrew Agee

SVN | AVAT Realty

Property Details

  • Property Type Multi-Family
  • Property Size 25,950 SF
  • Units 31
  • Year Built 1974
  • Year Renovated 2022
  • Date Updated May 2, 2025
The Vue on Cliffside benefits from a strong location in Cleveland, Tennessee, a growing community positioned just outside the Chattanooga MSA. This proximity provides residents with access to a larger economic base while maintaining the charm and affordability of a smaller city. The property offers convenient access to several local universities, including Lee University and Cleveland State Community College, making it an attractive option for students, faculty, and staff seeking quality housing nearby. Cleveland’s stable economy, supported by a mix of education, healthcare, and manufacturing sectors, further enhances the property's appeal. The combination of a strategic location, access to educational institutions, and connectivity to Chattanooga's expanding economy positions The Vue on Cliffside as a valuable asset for future rent growth and long-term stability.The Vue on Cliffside presents a compelling investment opportunity in the impressive Cleveland, TN market, located just a short distance from the growing Chattanooga MSA. This well-maintained, 31-unit multifamily asset features a significant portion of units already renovated with modern finishes, offering investors a chance to capture even higher rents. With an average effective rent of $936, there is clear upside potential in continuing the renovation program to further enhance the property's appeal and increase rental income. The property has reached a stabilized occupancy exceeding 95% and is already achieving expense-adjusted cap rates over 6.5% at the ask price of $3,515,000.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 31 Units across 4 Buildings on 3 Sites within close proximity of one another
  • Built in 1974 and Renovated in 2022
  • 71% of Units Renovated with room to push rent and finish renovating remaining 29%
  • Prime Cleveland location with $70K+ Average HH Income in 0.3 Mile Radius
  • Attractive investment opportunity
  • Solid rental history & High Occupancy
  • Only 2 Owners in history of the property, incredibly well-maintained and thoughtfully renovated

Getting around

  • 4/100

    Walk Score ®

  • 2/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cleveland, TN
  • Zip Code 37312
  • Market Chattanooga

Points of Interest

  • Shell

    0.84 miles

  • Murphy USA

    1.05 miles

  • Fuel & Mart

    1.08 miles

  • Citgo

    1.11 miles

  • Circle K

    1.31 miles

  • Speedway

    1.54 miles

  • Valero

    2.26 miles

  • Lodge

    1.46 miles

  • Holiday Inn Express & Suites Cleveland Northwest

    2.31 miles

  • Clarion

    2.35 miles

  • Exclusive Quarters

    2.35 miles

  • Quality Inn

    2.37 miles

  • Red Roof Inn & Suites Cleveland, TN

    2.40 miles

  • Royal Inn of Cleveland

    2.40 miles

  • Super 8 by Wyndham Cleveland

    2.41 miles

  • DOUGLAS INN & SUITES NW

    2.41 miles

  • Fairfield Inn & Suites Cleveland

    2.44 miles

  • Food City

    0.94 miles

  • Food Lion

    1.07 miles

  • Walmart Supercenter

    1.21 miles

  • Cooke's

    1.33 miles

  • TJ Maxx

    1.50 miles

  • ALDI

    1.53 miles

  • Big Lots

    1.77 miles

  • Publix

    1.97 miles

  • Ross

    2.51 miles

  • Target

    2.56 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Andrew Agee

SVN | AVAT Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.