5 Apartment Buildings For Sale In Downtown Chattanooga: Price: $8,495,000

Monday, April 27, 2020

NAI Charter Real Estate Corporation is offering Papa Properties, LLC’s portfolio of apartments for sale. The price is $8,495,000.

The portfolio consists of five apartment buildings in the heart of downtown Chattanooga and are located at: 418 McCallie Ave, 416 McCallie Ave, 307 East 8th Street, 409 Georgia Ave, and 410 High Street.

The entire portfolio is within Chattanooga’s Opportunity Zone, Short-Term Rental Zone, and within walking distance to the Bluff View Arts District, Downtown, Bars/Restaurants on MLK Blvd., Riverwalk, the Innovation District, and The University of Tennessee Chattanooga.

This offering presents the opportunity for an investor to own apartment buildings within walking distance to many downtown attractions or reinvest and convert the apartments into short-term rentals. 

410 High Street                        $    895,000 
409 Georgia Avenue               $ 2,000,000 
418 McCallie Avenue              $ 2,200,000
416 McCallie Avenue              $ 1,100,000
307 E 8th Street                       $ 2,300,000

A due diligence package is available upon request and execution of a confidentiality agreement.


Latest Hamilton County Arrest Report

Hamilton County Has No New COVID Deaths And 69 New Cases

Catoosa And Dade Have Another Coronavirus Death; Georgia Has 63 More Deaths


Here is the latest Hamilton County arrest report: ALLEN, CONNETRIA 4903 CAMERON LN CHATTANOOGA, 37411 Age at Arrest: 29 years old Arresting Agency: Walden POSS. OF HANDGUN WHILE UNDER ... (click for more)

The number of new COVID-19 cases in Hamilton County on Saturday is 69. The new total is 9,188. There have been no more deaths, said the county Health Department, for a total of 91. Tennessee ... (click for more)

Georgia state health officials reported on Saturday there have been an additional 63 deaths due to the coronavirus. The new total is 6,599. There were 2,313 new cases as that total reached ... (click for more)



Breaking News

Latest Hamilton County Arrest Report

Here is the latest Hamilton County arrest report: ALLEN, CONNETRIA 4903 CAMERON LN CHATTANOOGA, 37411 Age at Arrest: 29 years old Arresting Agency: Walden POSS. OF HANDGUN WHILE UNDER THE INFLUENCE POSSESSION OF DRUG PARAPHERNALIA EXTRACTING MARIJUANA CONCENTRATE BLOCKING OR IMPEDING THE FLOW OF TRAFFIC DRIVING UNDER THE INFLUENCE --- ANDERSON, NATASHA RENEE ... (click for more)

Hamilton County Has No New COVID Deaths And 69 New Cases

The number of new COVID-19 cases in Hamilton County on Saturday is 69. The new total is 9,188. There have been no more deaths, said the county Health Department, for a total of 91. Tennessee had 20 more coronavirus deaths bringing the total to 2,216, state Health Department officials said. There were 942 new cases in the state for a total of 181,439. The state currently ... (click for more)

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