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Brand new 2026 construction six-unit apartment complex located in Chattanooga's high-demand Airport corridor, currently in active lease-up with projected stabilization within 90 days at approximately $120,000 gross annual income. This stabilized-ready asset features a clean, modern aesthetic with architectural shingle roofing, low-maintenance vinyl siding, full concrete parking, and updated interiors with stainless steel appliances in every unit, offering minimal to zero deferred maintenance for years to come. All units are single-level, providing convenient one-level living with strong accessibility appeal. Utilities are separately metered for electric and water, each unit has individual trash can service, and high-speed internet is available, creating efficient operations and meeting modern tenant expectations. The parcel appears to be located within a Community Reinvestment Act (CRA) eligible lending area, which may provide favorable financing considerations through participating lenders. The unit mix includes two end units projected at $1,800 per month and four interior units projected at $1,600 per month. Projected NOI is approximately $84,000 based on a conservative 70% expense ratio, reflecting an estimated 6.5% cap rate at current pricing assumptions. Professional property management is in place and overseeing lease-up, allowing a new owner to step into a turnkey investment with minimal operational friction. Located minutes from Chattanooga Metropolitan Airport, I-75 and Highway 153, and surrounded by major retail including Hamilton Place and national brands such as Target, Publix, Chick-fil-A, and Starbucks, along with major employers including Volkswagen Chattanooga Assembly Plant and Amazon. Rare small-format new construction multifamily opportunity in one of Chattanooga's most convenient and growth-oriented corridors. Buyer responsible to verify all information deemed important.
Property Type(s):
Multi Family
| Last Updated | 2/13/2026 | Tract | None |
|---|---|---|---|
| Year Built | 2026 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Bess T. Shepherd Elementary |
|---|---|
| Jr. High School | Tyner Middle Academy |
| High School | Tyner Academy |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Chattanooga |
| LOT | 0.6 acre(s) |
| LOT DIMENSIONS | 190X165 |
| PARKING | Concrete |
| SEWER | Public Sewer |
| STYLE | Multi Family |
| SUBDIVISION | None |
| TAXES | 897.46 |
| UTILITIES | Electricity Available |
| WATER | Public |
Location
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Listing Courtesy of Horizon Sotheby's International Realty
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This site was last updated on 3/12/26 6:39 PM PDT
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This IDX solution is (c) Diverse Solutions 2026.
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